TRADE AND ENVIRONMENT: Protecting the Environment in the Context of International Trade
Although making no specific commitments, the Trump Administration continues to propose the potential renegotiation of NAFTA. House Democrats, in a Resolution earlier this spring, and a group of 15 environment, labor, and human rights groups, in an Eight-Point Plan, have called for a renegotiation of NAFTA that ensures that regulations protecting the environment are maintained.
In an earlier blog post, I discussed how environmental protection provisions incorporated in trade agreements could help mitigate the adverse environmental impacts of (international) trade. This post explores the inverse topic: how the investment chapters in NAFTA (and other trade agreements) may affect environmental and social protections in parties’ domestic regulation.