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Events • October 30, 2017 

# Renegotiating NAFTA: Prospects and Challenges: Dispute Settlement 

The North American Free Trade Agreement (NAFTA) is currently being renegotiated by the United States, Canada, and Mexico. On the campaign trail, President Donald Trump promised to get a better deal, or walk away entirely from NAFTA if necessary. Amidst the air of uncertainty surrounding the talks, a productive discussion surrounding the prospects and challenges to modernizing NAFTA has emerged. Though NAFTA was a cutting–edge trade deal in 1994, international trade has transformed significantly since then, most notably with the advent of the digital economy. This full–day conference explores both the politics and reality of the NAFTA negotiations, and puts forward ideas for what a modern NAFTA could look like.

**SESSION V: BREAKOUT SESSIONS** 

**Dispute Settlement** 

**Jennifer Hillman**, Georgetown University Law Center 
**John Magnus**, TradeWins 
**Mike Smart**, Rock Creek Advisors 

**Moderator: [Simon Lester](https://www.cato.org/people/simon-lester)**, Trade Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

![j-Hillman.jpg](/sites/cato.org/files/styles/author_picture/public/2021-10/j-Hillman.jpg?itok=8yy5z7lI) 

##### Jennifer Hillman 

Senior Fellow, Council on Foreign Relations

##### John Magnus 

##### Mike Smart 

[![Simon Lester](/sites/cato.org/files/styles/author_picture/public/2021-01/Simon%20Lester.jpg?itok=noQ9immh)](/people/simon-lester) 

##### [Simon Lester](/people/simon-lester)

Cofounder, World​TradeLaw​.net, and Former Legal Affairs Officer, Appellate Body Secretariat, World Trade Organization