Economic Affairs

US 'poison pill' targeting China makes no sense

Clause in the USMCA sets a bad precedent for future trade agreements

"I agree to a trade arrangement with you. But if in future you decide to trade freely with another country whose trade practices I do not approve, I reserve the right to end my trade arrangement with you."

This seems to be one of the conditions the United States has imposed upon Canada and Mexico in the US-Mexico-Canada Agreement (USMCA), the successor to the North American Free Trade Agreement (Nafta), which was signed on Sept 30.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on October 10, 2018, with the headline 'US 'poison pill' targeting China makes no sense'. Print Edition | Subscribe