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.
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.
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.
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.
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.