James Cooper is a professor of law at California Western School of Law in San Diego where he teaches International Business Transactions and International Law. He has consulted for Los Pinos, Mexico’s executive branch, and the U.S. Department of State.
The United States-Mexico-Canada Agreement (USMCA) goes into force today. The trade pact replaces the much-maligned North American Free Trade Agreement (NAFTA), which went into effect on Jan. 1, 1994 and laid the foundation for a vertically integrated marketplace on our continent. By reducing tariffs on many goods and services, North American companies were able to develop transnational vertical supply chains and better compete in the global marketplace.
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https://www.coindesk.com/the-new-us-mexico-canada-trade-pact-holds-opportunity-for-distributed-tech