Cato Event Podcast

The United States-Mexico-Canada Agreement (USMCA) is due to go into force on July 1, 2020, but much work remains to prepare for the transition from the North American Free Trade Agreement (NAFTA) rules. In all likelihood, both agreements will operate in parallel until important details are ironed out. Most pressing among these are new rules for automobile manufacturing in North America, where the requirements have become more stringent. Mexico will also have to deal with a potential surge of labor disputes as the new labor chapter goes into effect. Compounding all of this is the COVID-19 pandemic, which has disrupted supply chains and weakened trading relationships around the world. Can the USMCA be successfully implemented this year, and can North America move forward from the pandemic stronger than before?Related Content: Dispute Settlement and the US-UK Trade Agreement: Lessons from the NAFTA Renegotiation Hosted on Acast. See acast.com/privacy for more information.

As the United States shifts the focus of its foreign and defense policies toward great-power competition, experts have paid more attention to Russian and Chinese nuclear force postures and strategies. The 2018 Nuclear Posture Review (NPR) paints a concerning picture of recent developments in both potential adversaries, noting the growth of arsenals and approaches to nuclear strategy that vex U.S. policymakers. The assessments and threat perceptions laid out in the NPR will drive U.S. nuclear strategy for the rest of the Trump administration and potentially beyond because they inform plans for U.S. nuclear modernization.In the two years since the 2018 NPR's release, the Trump administration has put its stamp on America's approach to nuclear deterrence. The administration is clearly worried about the nuclear arsenals and strategies of Russia and China, and many of the NPR's more controversial items, such as the low-yield Trident warhead, are explicitly tied to nuclear developments in potential great-power adversaries.But has the United States accurately diagnosed the most important problems posed by other great powers? Is Washington designing the right solutions to these problems? What are the risks of misdiagnoses and/or wrong policy solutions? The COVID-19 pandemic has made finding answers to these questions all the more urgent. The economic fallout of the public health emergency will likely create strong budgetary pressures and subject the multidecade, $1 trillion–plus nuclear modernization plan to closer scrutiny. Join us as we explore these questions and more. Related Content: Using the Kosovo Precedent in Syria: Damaging US Relations with China and Russia Hosted on Acast. See acast.com/privacy for more information.

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Featuring Randy Barnett, Carmack Waterhouse Professor of Legal Theory, Georgetown University Law Center; and Senior Fellow, Cato Institute; and Ilya Shapiro, Director, Robert A. Levy Center for Constitutional Studies, Cato Institute.Related Content: Coronavirus and the Constitution Hosted on Acast. See acast.com/privacy for more information.

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