As in the case of an earlier Baker Institute report discussing provisions that carry over from NAFTA to the USMCA, it should not be assumed that the provisions discussed in this report are the only significant USMCA innovations. Among others are the new automotive rules or origin (second report) and the elimination of investor-state dispute settlement for United StatesCanada relations and the restriction of ISDS in many matters affecting U.S. persons with claims against Mexico (third report). Several of the provisions discussed in this report could have a very significant impact on the interpretation, application, and longevity of the USMCA in the future.
bi-brief-050520-usmx-newfeaturesTo view the original report, click here.