ITC Investigates Auto Rules of Origin under USMCA
An examination is underway into how/if USMCA automotive Rules of Origin may have affected the U.S. economy and impacted U.S. competitiveness. Find out all the details you need to know here.
Canada Threatens Retaliatory Trade Action if U.S. Congress Passes EV Tax Credit
What are the details surrounding the electric vehicle (EV) tax credit under President Biden’s Build Back Better plan? What countries are opposing this, and how would this tax credit affect Canada's auto industry? Find out all the details here.
Dispute Looming Over USTR’s Interpretation of USMCA Auto Rules
A year-long disagreement over interpretation of a key provision the USMCA's more stringent auto rules may be headed for a dispute resolution panel after talks in Washington last week between the U.S. and Mexico failed to make any progress on the issue.
CBP Ruling Allows Accumulation of Costs From Non-Originating Materials for USMCA RVC Calculation
Find out more about a recent CBP ruling that says a commercial vehicle manufacturer can add a Tier 2 supplier’s costs of processing within USMCA territory to the USMCA costs of its Tier 1 supplier, even though the Tier 2 costs were not sufficient to result in an originating material.
Commerce Releases 2019 Report on ‘National Security’ Threat Posed by Foreign Autos
After being kept under wraps by the Trump administration, Commerce this week released a controversial report on the national security implications of U.S. imports of automobiles and automobile parts.
New North American Trade Agreement Will Enter Into Force July 1, USTR Says
With the notification to Congress, the U.S. became the third country to have completed its domestic legislative procedures needed to implement the deal, the final step necessary for the USMCA to take effect this summer. However, some are doubtful the three countries can achieve a comprehensive implementation in such a short time.
