Ways and Means subcommittee hearing | KPMG | US

NAFTA: Ways and Means subcommittee hearing; USTR releases negotiating objectives

Ways and Means subcommittee hearing

The Trade Subcommittee of the U.S. House Ways and Means Committee today held a hearing concerning the North American Free Trade Agreement (NAFTA).

1000

Related content

Read the testimony on the Ways and Means website as provided by industry witnesses for the Trade Subcommittee’s hearing on the modernization of NAFTA. 

NAFTA negotiating objectives

The Office of the U.S. Trade Representative released a summary [PDF 9.26 MB] of the U.S. negotiating objectives for the renegotiation of NAFTA. These objectives include deficit reduction as well as goals of adding a digital economy chapter, and incorporating and strengthening labor and environment obligations that are currently included in NAFTA side agreements. Other objectives will focus on eliminating unfair subsidies, market-distorting practices by state-owned enterprises, and restrictions on intellectual property. Negotiations are to begin no earlier than August 16, 2017.

© 2017 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit