In July 2020, the US-Mexico-Canada Agreement (USMCA) marked a turning point for North American cross-border trade, creating new rules and opportunities. This has been especially true for participants in the electric vehicle...more
1/26/2023
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Customs and Border Protection ,
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United States-Mexico-Canada Agreement (USMCA)
On January 13, Canada announced that it would join Mexico in requesting a dispute settlement panel to address a disagreement over the US interpretation of the automotive rules of origin under the US-Mexico-Canada Agreement...more
The growing role that international trade rules are playing has left many corporate leaders to look beyond regularly imposed tariffs.
Earlier this month, we published our “Advance Look at Hot Button Trade Issues under the...more
1/29/2021
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Bureau of Industry and Security (BIS) ,
China ,
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Executive Orders ,
Export Controls ,
Forced Labor ,
NAFTA ,
Regional Comprehensive Economic Partnership (RCEP) ,
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United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
US tariffs are applied at the time of import and so the elevated role played by US Customs and Border Protection should not be underestimated. While the Customs section begins with the analysis “The Wait Is Over: USMCA Border...more
1/5/2021
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C-TPAT ,
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United States-Mexico-Canada Agreement (USMCA) ,
Withhold Release Orders (WROs)
By the time you open this alert, the USMCA will have been formally and officially launched. These are still early days and there remains much to be clarified by pending rulemaking.
We know what we know and we know what we...more
The USMCA permits CBP to verify whether a good entered with a claim for preferential tariff treatment qualifies as originating by: (1) Written request or questionnaire to the importer, exporter, or producer of the good...more
4/24/2020
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Customs and Border Protection ,
Exports ,
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US Trade Policies
In an April 20, 2020 message to the trade community, US Customs and Border Protection (CBP) released the long-awaited United States–Mexico–Canada Agreement (USMCA) Interim Implementing Instructions (CBP Instructions). This...more
The USMCA textile and apparel rules of origin are generally based on the “yarn forward” rule, which requires the formation of the yarn (spinning or extruding) and all processes following yarn formation to occur in the USMCA...more
4/24/2020
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Exports ,
Free Trade Agreements ,
Imports ,
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Origin ,
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Textiles ,
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Any importer who claims preferential tariff treatment under the Agreement for a good imported into the United States from a USMCA country must keep the following documentation for a period of no less than five years from date...more
The USMCA does not require the use of CBP Form 434, as there is no prescribed format for certificate of origins under the USMCA. These certifications are to be completed by the exporter, producer, or importer certifying that...more
4/24/2020
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Cross-Border Transactions ,
Exports ,
Foreign Relations ,
Free Trade Agreements ,
Imports ,
Mexico ,
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United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
Our readers will be aware that the USMCA (CUSMA) is on track for US ratification and – by most accounts – will come into force possibly as early as mid-2020. This is not a lot of time for company executives to prepare. In...more