Candidates on both sides of the U.S. political aisle have signaled a new direction for U.S. trade policy. The UK vote to leave the European Union will fuel the debate. Possibilities include increased tariffs on specific trading partners, and greater restrictions on movements of goods, services, capital and people. Such developments promise to significantly alter the legal and regulatory landscape, providing companies trading goods and services internationally with a host of opportunities and challenges.
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- To what extent can the U.S. pursue trade-restricting policies consistent with its requirements of existing treaties, including the World Trade Organization (WTO) and North American Free Trade Agreement (NAFTA)?
- What constraints do existing treaties impose on U.S. options?
- What legislative steps would the U.S. need to pursue to change current policy?
- What are the implications for the recently concluded Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership still under negotiation?
- Scott D. Andersen
- Glenn L. Pinkerton
- Iain Sandford
- Andrew W. Shoyer
Partner, Washington, D.C.
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