How do international trade agreements influence North American business?
NAFTA TPP CETA
Countries Canada, U.S., Mexico Australia, Brunei Darussalam, Canada,
Chile, Japan, Malaysia, Mexico, New
Zealand, Peru, Singapore, the United
States, and Vietnam
Canada and European Union
Topics
covered
– description of rules for interna%onal
trade and investment between Canada,
the United States, and Mexico;
– Elimina%on of duties on thousands of
goods crossing borders within North
America
– Tari+ reduction and special rules for
agricultural, automo%ve, and tex%le and
apparel products.
– Speci,c rights for NAFTA services
providers and users across a broad
spectrum of sectors
– Certain commitments regarding
telecommunica%ons and ,nancial
services
– Protec%on for foreign investment
– Protec%on for intellectual property
– e+ec%ve enforcement of
environmental laws
– Addresses trade in goods and
con%nuing through customs and trade
facilita%on; sanitary and phytosanitary
measures; technical barriers to trade;
trade remedies; investment; services;
electronic commerce; government
procurement; intellectual property;
labour; environment; ‘horizontal’
chapters meant to ensure that TPP
ful,ls its potential for development,
compe%%veness, and inclusiveness;
dispute se1lement, excep%ons, and
ins%tu%onal provisions.
– Claims to extend restric%ve
intellectual property (IP) laws across
the globe and rewrite interna%onal
rules on its enforcement.
– Describes speci,c commitments on
development and trade capacity
building
– Includes commitments to help small-
– Address everything from tari+s to
product standards, investment,
professional cer%,ca%on and many
others areas of activity
– Harmonize customs procedures and
technical standards, which will reduce
produc%on costs for certain goods
– Handles both tari+s Canada and the
EU imposed on imported merchandise
and other trade barriers such as
investment restric%ons, di+erent
automobile speci,ca%ons and
procurement rules that banned foreign
companies from compe%ng for
government contracts
– Canadian beef and cheese potential
loss