Date(s) - 01/23/18
11:45 am - 1:15 pm
Chicago Council on Global Affairs
No one said it was going to be easy, but the heat is ratcheting up as NAFTA renegotiation becomes contentious and the parties race toward a March deadline. The United States has put forward novel proposals that have encountered stiff opposition from Canada and Mexico. Critical sticking points include rules of origin for products such as cars, dispute settlement resolution, and a ‘sunset clause.’ As the United States threatens to pull out of NAFTA altogether and the Trump administration emphasizes its preference for bilateral over multilateral trade deals, the rest of the world is watching these talks closely. Carla Hills, the lead negotiator of NAFTA in the 1990s, joins the Council’s Phil Levy to discuss whether the United States can really withdraw from NAFTA and what that would mean for the US economy and its international economic leadership.
Chairman and Chief Executive Officer, Hills & Company, International Consultants
Carla A. Hills is chairman and CEO of Hills & Company, International Consultants, which advises companies on global trade and investment issues. Ambassador Hills served as US trade representative in the first Bush administration and was responsible for negotiating NAFTA. Previously, she was secretary of the US Department of Housing and Urban Development in the Ford administration as well as an assistant attorney general. She currently serves on the international board of JP Morgan Chase, as cochair of the Inter-American Dialogue and the Advisory Board of the Center for Strategic & International Studies, and chair of the National Committee on US-China Relations, among numerous other roles. In 2000, she was awarded the Aztec Eagle, the highest honor given by the Mexican government to a noncitizen.