What Importers Need to Know
Over the years, revolutionary advances in technology, telecommunications and e-commerce have combined to provide a strong rationale for modernizing and improving NAFTA to better reflect the way businesses now engage in international trade.
The United States-Mexico-Canada Agreement (USMCA) or Canada-United States-Mexico (CUSMA), is set to replace the 26-year-old North American Free Trade Agreement (NAFTA) on July 1, 2020, therefore creating a modernized free-trade system between the three countries. This modernized free-trade addresses recent and emerging critical issues, such as:
- Harmonization of regulatory systems, e-commerce and the protection of intellectual property
And provides changes to:
- Various rules and processes which govern how specific goods are traded within North America and;
- Mechanisms for how trade disputes are resolved
We detail all new provisions of the USMCA/CUSMA below.
- Webinar - USMCA/CUSMA: Everything you need to know about the new trade agreement coming into force, how it will affect your business, and what you need to do to prepare.
- De Minimus
- Dispute Resolution
- Rules of Origin and Regional Value Content (Automotive)
- Section 232 Tariffs
- Dairy Products - Market Access
- Other Agricultural Provisions
- Textiles & Apparel
- Intellectual Property
- Digital Trade
- Remanufactured Goods
- Sunset Clause
- Non-Market Country FTA
- Certificate of Origin - Elimination of Blanket Certificate