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The Trade Guys
USMCA and Shipbuilding
Mar 25, 2024
Trade Guys discuss USMCA's Rapid Response Mechanism, steel tariffs, United Steel Workers petition on Chinese shipbuilding. Analyses include USMCA's impact on Mexican workers, surge in steel imports, complexities of rapid response mechanism, revitalization of US shipbuilding industry, and implications of Jones Act on trade and national security.
23:56
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Quick takeaways
- USMCA Rapid Response Mechanism enforces worker rights complaints in Mexico, while discussions focus on potential steel surcharges to monitor exports.
- United Steelworkers petition reveals challenges in US shipbuilding industry and emphasizes the importance of domestic policy changes to enhance competitiveness.
Deep dives
USMCA's Effectiveness and Disputes
USMCA has proven effective with notable results in enforcing complaints about Mexican companies' treatment of workers. Despite ongoing issues like disputes over tomatoes and corn, the agreement maintains the essence of NAFTA and promotes trade integration between the US, Mexico, and Canada.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode