Reforming the North American Free Trade Agreement was a campaign promise of candidate Donald J. Trump. On May 18, 2017, President Trump followed through on his promise by giving Congress notice that his administration would initiate negotiations to modernize NAFTA. So far, there have been four rounds of negotiations between representatives of the three countries: Canada, Mexico, and the United States. Three rounds remain. The stakes for technology companies are high as the 23-year-old agreement did not cover many issues relevant to today’s digital economy, such as protecting cross-border data flow. It’s time to pay attention as we edge toward NAFTA 2.0.
What You Will Learn
- The top issues in the Trump administration’s priority list that are relevant to technology companies.
- Why “rules of origin” is a contentious issue in the NAFTA negotiations.
- Position statements of industry trade organizations, including CCIA, SIA, and TIA.
- Highlights from the first four rounds of negotiations and why Round 5 is so critical.
- Why it’s time for supply chain and procurement organizations to start prepping for NAFTA 2.0.
Meet the Author
Bruce Rayner is Content Director of SourceToday. For the past 30 years, he has been a keen observer of global business and technology trends with a focus on the electronics supply base and supply chain management. His experience includes staff editor at Harvard Business Review, Editorial Director of Electronics Business magazine and EBN, Director of Thought Leadership at IHS, and Vice President of Consulting and Market Research at Technology Forecasters.