Global Connection - November 2018
Dear Friend of Snell & Wilmer:
Recent months have brought significant developments to international trade law and other areas affecting U.S. businesses’ international activities. This edition of Global Connection highlights major changes that the new NAFTA (the U.S.-Mexico-Canada Agreement, or USMCA) will bring for North American businesses—as well as one aspect remaining unchanged, the TN visa category. Recent developments have affected land, as well. These include the expansion of the Committee on Foreign Investment in the United States (CFIUS) to impose restrictions on certain real estate transactions for the first time. And, as the United States continues to impose new tariffs, this edition provides guidance for Arizona companies exploring foreign trade zones as a manufacturing option to avoid these new costs.
We hope that this Global Connection proves useful as businesses and individuals work through these and other recent developments highlighted in this edition. If you have any particular suggestions for future editions, or would like to be included in future international events hosted by the firm, please feel free to contact us.
Derek Flint and Lindsay Short