On August 27, 2018, the Office of the U.S. Trade Representative (USTR) announced that the U.S. and Mexico reached a preliminary agreement on updates to the North American Free Trade Agreement (NAFTA).
The preliminary agreement includes chapters on:
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Intellectual property protections;
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Digital trade;
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An increase in Mexico’s de minimis to $100;
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Financial services;
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Obligations to labor;
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Environmental provisions.
The talks during this latest round did not include Canada.
Details of the preliminary agreement may be found in the USTR’s press release here:
https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/august/modernizing-nafta-be-21st-century