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Forging a New Path in North American Trade and Immigration

September 26–27, 2019 Dallas Fed

Presented by the Federal Reserve Bank of Dallas and Mission Foods Texas–Mexico Center at SMU

The U.S., Mexico and Canada have benefited from over two decades of openness to trade, migration and investment through the North American Free Trade Agreement (NAFTA). Businesses in these nations utilize North America’s world-class manufacturing platform to be more efficient and increase their competitiveness worldwide. In turn, consumers have enjoyed lower prices and greater product variety. This conference explored what the future may bring to this deep economic relationship and the challenges and opportunities presented by the proposed United States–Mexico–Canada Agreement (USMCA). Topics included:

  • Rules of origin, supply chains and trade diversion.
  • Digital trade and cross-border data services.
  • Energy sector investment and regulation.
  • Migration, workforce and the integration of labor markets

Agenda

Thursday, September 26
7:30 a.m. Registration
8:30 a.m. Welcome & Opening Remarks
Pia Orrenius, Federal Reserve Bank of Dallas
Robert S. Kaplan, Federal Reserve Bank of Dallas
9:15 a.m. Plenary Session
Moderator: Robert S. Kaplan
Ildefonso Guajardo Villarreal, Former Mexico Secretary of Economy of Mexico and Mexico’s USMCA representative
10:00 a.m. Break
10:15 a.m. Panel 1: Rules of Origin: U.S. Content of Imports, Supply Chains and Trade Diversion
Moderator: Carlos E. Zarazaga, Federal Reserve Bank of Dallas
Alonso de Gortari, Dartmouth College | Presentation
Eddy Bekkers, World Trade Organization | Presentation
Daniel Chiquiar, Banco de México | Presentation
12:00 p.m. Lunch & Keynote
Introduction: Luisa del Rosal, Southern Methodist University
Timothy J. Kehoe, University of Minnesota | Presentation
1:15 p.m. Panel 2: Services and Digital Trade: Policy, Data Location and Data Services
Moderator: Mike Sposi, Southern Methodist University | Presentation
Anupam Chander, Georgetown University | Presentation
Joshua P. Meltzer, Brookings Institution | Presentation
2:45 p.m. Panel 3: Energy Sector: Investment, Regulation and Binational Strategy
Moderator: Mine Yücel, Federal Reserve Bank of Dallas
Enrique Marroquin, Hunt Mexico | Presentation
Pedro Niembro, Monarch Global Strategies | Presentation
Curt Anastasio,  GasLog Partners LP | Presentation
4:00 p.m. Break
4:15 p.m. Economic Implications for the U.S. of a North America Without NAFTA or USMCA
Moderator: Matthew Rooney, George W. Bush Institute
Christine McDaniel, George Mason University | Presentation
Kei-Mu Yi, Federal Reserve Bank of Dallas; University of Houston | Presentation
5:15 p.m. Adjourn
5:30 p.m. Reception
6:15 p.m. Dinner
Introduction: Marc Giannoni,  Federal Reserve Bank of Dallas
Anne Osborn Krueger, Johns Hopkins University
Friday, September 27
8:00 a.m. Registration & Breakfast
9:00 a.m. Plenary Session
Moderator: Roberto Coronado, Federal Reserve Bank of Dallas
Raymond Robertson, Texas A&M University | Presentation
9:45 a.m. Panel 4: Migration, Workforce and the Integration of Labor Markets
Moderator: Jim Hollifield, Southern Methodist University
Jeffrey S. Passel, Pew Research Center | Presentation
Madeline Zavodny, University of North Florida | Presentation
John B. Sutcliffe, University of Windsor | Presentation
11:15 a.m. Concluding Remarks
Jesus Cañas, Federal Reserve Bank of Dallas
For More Information

Please contact Sharon Wallace at sharon.wallace@dal.frb.org.