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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 11 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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<p>U.S. Trade Representative Robert Lighthizer, Canadian Foreign Affairs Minister Chrystia Freeland and Mexican Secretary of the Economy Ildefonso Guajardo Villarreal have started the first round of NAFTA renegotiation in Washington, D.C. with opening statements and an ambitious agenda that is scheduled to take the negotiations through August 20.</p>
<p>In his <a href="https://ustr.gov/about-us/policy-offices/press-office/press-releases/2017/august/opening-statement-ustr-robert-0" target="_blank" rel="noopener">opening statement</a>, Lighthizer indicated that all the parties acknowledge that the trade agreement needs to be updated and modernized to address economies that are different than when NAFTA was implemented in the 1990s. After addressing modernization, however, he stated, &ldquo;the tough work begins.&rdquo; While the agreement has benefited many Americans, Lighthizer added that &ldquo;for countless Americans, the agreement has failed ... We cannot ignore the huge trade deficits, the lost manufacturing jobs, the businesses that have closed or moved because of incentives &ndash; intended or not &ndash; in the current agreement.&rdquo;&nbsp; He also made clear that President Trump is &ldquo;not interested in a mere tweaking of a few provisions and a couple of updated chapters. We feel that NAFTA has fundamentally failed many, many Americans and needs major improvement.&rdquo;</p>

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SmarTrade

NAFTA Renegotiation Begins