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North American Free Trade Agreement Tariffs Cross-Border Transactions

Torres Trade Law, PLLC

Update on USMCA Dispute Panel Activity

The United States-Mexico-Canada-Agreement (“USMCA” or the “Agreement”) was formed to promote growth in North American trade in a way that is beneficial to each of the state parties to the Agreement. However, as with any...more

ArentFox Schiff

Origin Verification Procedures: Similarities to the NAFTA in the USMCA

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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

ArentFox Schiff

New Textile and Apparel Rules for the USMCA

ArentFox Schiff on

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

ArentFox Schiff

Who Can Make a USMCA Certification?

ArentFox Schiff on

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

Ogletree, Deakins, Nash, Smoak & Stewart,...

USMCA Review: A New Deal for Labour in the ‘New NAFTA’

The United States–Mexico–Canada Agreement (USMCA) is a free-trade pact that was announced on November 30, 2018. This agreement changes the current rules governing North American trade contained in the North American Free...more

Holland & Knight LLP

Is Your Company Prepared to Comply with the New USMCA?

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Final amendments to the United States-Mexico-Canada Agreement (USMCA) were agreed to on Dec. 9, 2019, clearing the path for its approval in the U.S., most likely during the first trimester of 2020. Once approved by all three...more

White and Williams LLP

US-Mexico-Canada Agreement Advantages Over NAFTA Relating To Intellectual Property, Agriculture and Automotive Manufacturing

White and Williams LLP on

Passage of the United States-Mexico-Canada Agreement (USMCA) has recently been characterized by the media as a political issue, with President Trump pushing for a vote by year’s end and House Speaker Nancy Pelosi not...more

Bennett Jones LLP

Trade Roundup: Whats New in Steel Safeguards, U.S. Surtaxes and CUSMA

Bennett Jones LLP on

There have been a number of developments in recent weeks affecting Canada's surtaxes on imports of certain steel, aluminum, and other goods to Canada. This post summarizes the recent changes....more

Foley & Lardner LLP

Import Duties to Be Paid in U.S. to Solve Immigration and Bring Back Manufacturing. Really?

Foley & Lardner LLP on

Due to what was firstly characterized as an illegal immigration crisis, and then as a measure to force companies to leave Mexico and return to the U.S., the Trump administration announced that starting June 10, 2019, it plans...more

Dorsey & Whitney LLP

US-Mexico-Canada Agreement Faces Uncertain Path Through U.S. Congress

Dorsey & Whitney LLP on

The governments of the United States, Mexico, and Canada signed a trade agreement (“USMCA”) in November 2018, which would replace the existing North American Free Trade Agreement (“NAFTA”). The Trump administration has begun...more

Foley & Lardner LLP

What to Look for When You Receive a NAFTA Origin Audit From Mexican Customs Authorities

Foley & Lardner LLP on

Since the enactment of the North American Free Trade Agreement (NAFTA), Mexican customs authorities have had the ability to conduct verifications to confirm the NAFTA origin of goods imported into Mexico (NAFTA origin...more

King & Spalding

Trade & Manufacturing - February 2019 #2

King & Spalding on

The World Trade Organization Predicts “Revolutionary” Impact for Blockchain Technology On Digital Global Trade - The World Trade Organization (“WTO”) recently published its report, entitled “Can Blockchain Revolutionize...more

White & Case LLP

Peak performance: US M&A in 2018: Confidence, cash and tax cuts: The US M&A landscape in 2018

White & Case LLP on

The US M&A market delivered another year of strong performance in 2018. Though deal volume dipped 2 percent year-on-year to 5,682 deals, deal value was up by 15 percent over the period, to US$1.5 trillion - A number of...more

Foley & Lardner LLP

International Trade: A New Dawn for North American Trade

Foley & Lardner LLP on

The business community, lawmakers and even workers across North America breathed a collective sigh of relief on October 1, 2018, after the renegotiated NAFTA agreement was unveiled. Following negotiations that had become...more

King & Spalding

Trade & Manufacturing - October 2018

King & Spalding on

The United States And Canada Reach Agreement On A “New NAFTA” - As we reported previously, on August 27, 2018, Mexico and the United States announced that they had reached a preliminary agreement to replace the North...more

Akin Gump Strauss Hauer & Feld LLP

U.S.-Mexico-Canada Agreement Announced

On Sunday, September 30, President Trump reached an agreement with the governments of Canada and Mexico to revise and modernize the North American Free Trade Agreement (NAFTA). Publishing the text of the new agreement just...more

WilmerHale

U.S., Mexico, Canada Agree to Update NAFTA

WilmerHale on

After more than a year of sometimes contentious negotiations, the United States, Mexico, and Canada (the “Parties”) reached an agreement late Sunday night to revise the North American Free Trade Agreement (“NAFTA”)—renaming...more

Bennett Jones LLP

Canadian Safeguard Measures - Executive Summary

Bennett Jones LLP on

Safeguards are exceptional measures intended to temporarily assist domestic producers that have suffered, or are threatened by serious injury from increased imports of specific goods. Unlike anti-dumping or anti-subsidy...more

Sheppard Mullin Richter & Hampton LLP

NAFTA Agreement Reached at the Eleventh Hour

A tripartite agreement to save NAFTA has been reached. The agreement, reached late last night, provides Congress the necessary 60 days’ notice of the text to approve so that President Pena Nieto of Mexico can sign before he...more

Foley & Lardner LLP

Here Comes the U.S.-Mexico Trade Agreement

Foley & Lardner LLP on

The North American Free Trade Agreement – NAFTA for short – just took one step closer to no longer existing. As originally reported by the NY Times, the United States and Mexico announced that they had reached agreement on...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

As expected based on news over the weekend, the US and Mexico have announced a preliminary deal to revise “key portions” of the North American Free Trade Agreement. Notably, Canada is thus far left out in the cold....more

Holland & Knight LLP

Facultades Extraordinarias del Ejecutivo Mexicano Ante un Escenario de Guerra Comercial

Holland & Knight LLP on

Las declaraciones en materia comercial formuladas por el entonces Candidato Republicano durante la campaña presidencial de los Estados Unidos, se han venido cristalizando bajo su administración. Varias de estas medidas han...more

Benesch

NAFTA Watch Newsletter Vol. 15 - Negotiators Holding Out Hope

Benesch on

This publication is our fifteenth installment in a series designed to provide our clients in the manufacturing, transportation and logistics, and related industries with monthly updates on any actions taken by the Trump...more

Benesch

NAFTA Watch Newsletter Vol. 14 - NAFTA Renegotiations: Tariffs and Retaliation

Benesch on

This publication is our fourteenth installment in a series designed to provide our clients in the manufacturing, transportation and logistics, and related industries with monthly updates on any action taken by the Trump...more

Sheppard Mullin Richter & Hampton LLP

NAFTA Update

The 25% steel and 10% aluminum tariffs announced today, and effective 15 days from now, raise a new cloud over the NAFTA negotiations. Although they temporarily exempt Canada and Mexico, the Administration has made it clear...more

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