In this episode of Tax Notes Talk, Tax Notes contributing editor Robert Goulder discusses the decades-old North American Free Trade Agreement, the new U.S.-Mexico-Canada Agreement (USMCA), and what these agreements mean for the future of taxes, tariffs, and trade in North America.

Read the podcast transcript below. This post has been edited for length and clarity.

David Stewart: Welcome to the podcast. I'm David Stewart, editor in chief of Tax Notes Today International. This week: NAFTA versus USMCA. 

The United States and its North American neighbors are in the process of finalizing a new trade agreement. The current agreement, the North American Free Trade Agreement, or NAFTA, has been in effect for over 25 years. The House of Representatives passed an updated version called the U.S.-Mexico-Canada Agreement, or USMCA, in December, and the Senate approved it January 16th.

Here to talk to us about the two agreements, I was joined in the studio by Tax Notes contributing editor Robert Goulder. We recorded this interview shortly before the USMCA's passage in the Senate. Let's go to that interview. Read More