- Competition Law / International Trade
Review of the USMCA Under Trump’s Second Presidency
– Potential Impacts for Japanese (and Other) Companies –
Words have power, especially when said by the president-elect of the world’s largest economy. On November 5, Donald Trump was elected to become the next president of the United States, defeating Vice-President Kamala Harris. During his campaign, Trump announced that he intends to renegotiate certain aspects of the United States-Mexico-Canada Agreement (“USMCA” or “Agreement”). The USMCA, which entered into force on July 1, 2020 and was considered an achievement of the first Trump presidency, in that it created a “more balanced, reciprocal trade supporting high-paying jobs for the Americans and grow the North American economy,” contains a unique review clause that mandates the three parties to the Agreement (“Parties”) to review both its continuation and also any recommendations made by...To read the full article, please see the PDF file
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Competition Law / International Trade Newsletter
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Authors
In the field of Competition Law, Daniel provides support in complex merger filings, cartel cases, leniency applications, internal investigations, and general antitrust matters. In the field of International Trade Law, Daniel has been involved in a wide range of matters, including WTO disputes, trade remedies (anti-dumping, subsidies, safeguards, anti-circumvention measures) domestically and internationally, and matters involving economic partnership agreements such as the CPTPP. Daniel is known for his deep understanding of each topic and practical approach.
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Masahiro Heike specializes in international trade law. From 2016 to 2018, he worked at the Ministry of Economy, Trade and Industry as an in-government lawyer, and handled numerous WTO disputes and trade negotiations and was responsible for the trade policies of other jurisdictions including the United States and China. Currently, he is involved in a wide range of matters including WTO dispute settlement cases, domestic and foreign trade remedy cases (anti-dumping, safeguards), government research related to international trade law, and the handling of tariffs and origin relations.