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There's a hidden cost in Trump's new trade agreement with Canada and Mexico

Jan 02, 2019 - Washington Post Blogs

The Trump administration recently renegotiated NAFTA, and Donald Trump is now threatening to revoke the trade treaty in effect among the United States, Canada and Mexico since 1994. The replacement treaty - the United States-Mexico-Canada Agreement (USMCA) - is pending approval from Congress.

The USMCA resembles NAFTA in some ways but takes a strikingly different approach to dispute settlement. The proposed USMCA provisions are far more limited than NAFTA's Chapter 11, which allowed invest...