In 2020, the United States-Mexico-Canada Agreement (USMCA) came into effect, replacing the North American Free Trade Agreement (NAFTA) and providing a new framework for North American trade relations.
The Brookings USMCA initiative, housed within the Global Economy and Development program, works to measure the effectiveness and implementation of the Agreement, as well as its impact on the policies and economies of the partner nations through forward-looking research, data, and analyses.
On February 28, the Global Economy and Development program at Brookings launched of the second annual flagship report of its USMCA initiative on building more integrated, resilient, and secure supply chains.
Introduction July 1, 2022 marks the second anniversary since the U.S.-Mexico-Canada Agreement (USMCA) came into force. Over the last two years, trade among the North American partners has recovered to pre-pandemic levels having grown 22 percent since 2020 to a total of 1.26 trillion in 2021. It is also worth recalling that for each party […]
Introduction The passage of the United States-Mexico-Canada Agreement (USMCA) through the U.S. Congress with overwhelming bipartisan support, as well as with strong political backing in Canada and Mexico, underscored the importance of USMCA for North American trade and economic relations.1 It builds on the North American Free Trade Agreement (NAFTA) and largely retains NAFTA’s commitment […]
In her confirmation hearing, U.S. Trade Representative Katherine Tai stated that “trade is like any other tool in our domestic or foreign policy. It is a means to create more hope and opportunity.” With this in mind, President Biden has made clear that trade must improve wages and create higher-paying jobs for all Americans as […]
Brahima Sangafowa Coulibaly is vice president and director of the Global Economy and Development program at Brookings after previously serving as director of the program’s Africa Growth Initiative. He joined Brookings from the Board of Governors of the Federal Reserve System where he was chief economist and head of the emerging market and developing economies group.
Joshua Meltzer is a senior fellow in the Global Economy and Development program at the Brookings Institution. At Brookings, Meltzer works on international trade law and policy issues with a focus on the World Trade Organization and large free trade agreements. He leads the USMCA initiative which focuses on how USMCA can strengthen international cooperation in North America. Meltzer also researches digital trade, emerging technologies, and AI, and co-leads the Forum on Cooperation in AI (FCAI) with Cameron Kerry.
David Dollar is a senior fellow in the John L. Thornton China Center at the Brookings Institution and host of the Brookings trade podcast, Dollar&Sense. He is a leading expert on China’s economy and U.S.-China economic relations. From 2009 to 2013, Dollar was the U.S. Treasury’s economic and financial emissary to China, based in Beijing, facilitating the macroeconomic and financial policy dialogue between the United States and China. Prior to joining Treasury, Dollar worked 20 years for the World Bank.
Santiago Levy is a nonresident senior fellow with the Global Economy and Development Program at Brookings. From 2008 to 2018, he was the vice president for sectors and knowledge at the Inter-American Development Bank. From 1994 to 2000, he served as the deputy minister at the Ministry of Finance and Public Credit of Mexico.
Diego Marroquin is a senior research analyst in the Global Economy and Development program at the Brookings Institution. At Brookings, Diego works on development and global supply chains in North America. He joined Brookings from the US-Mexico Foundation and the Mexico Institute at the Woodrow Wilson Center.
Maricarmen Barron Esper is a research analyst in the Global Economy & Development program at the Brookings Institution. She works on topics including economic development, international trade policy, and regional cooperation. Prior to Brookings, Maricarmen worked on international development projects, and most recently doing research at The World Bank.