The Canada-United States-Mexico Agreement (CUSMA or USMCA) will introduce new and complex requirements for the automotive industry. Not only will vehicle producers face increased Regional Value Content requirements starting July 1, 2020, but they will be required to meet the following requirements:
The Canada-United States-Mexico Agreement (CUSMA), also referred to as the United States-Canada-Mexico Agreement (USMCA), comes into effect on July 1, 2020. Are you ready?
The full CUSMA Agreement was signed in November of 2018, and later amended in December 2019. In April of this year each of the three parties notified that they had completed
The Canada Border Services Agency (“CBSA”) has created a new dedicated Canada-United States-Mexico Agreement (“CUMSA”) web-page on which implementation information will be posted to assist importers and exporters. CUSMA / USMCA / NAFTA 2.0 is scheduled to enter into force on July 1, 2020 and there will be no transition period. This means that importers
Please see the following as published by my law firm, MSK, on March 24, 2020. The following contains articles written by me and my colleagues at my firm.
After a busy weekend of Shelter In Place orders and various other developments involving COVID-19, our latest alert below is rather lengthy and covers many different
Be careful what you purchase online on sites such as eBay, Kijiji, Craigslist, etc. If the goods that are shipped to you by a vendor outside North America are counterfeit, you may receive a letter from Customs and Border Protection (“USCBP”) or the Canada Border Services Agency (“CBSA”) notifying you that your NEXUS membership has
On May 31, 2108, President Trump issued two Presidential Proclamations, which impose steel and aluminum tariffs on Ca
nada. All exports of covered steel will be subject to a 25% import tariff (Canadian steel into the United States) and all exports of covered aluminum products will be subject to a 10% tariff (Canadian aluminum
On May 8, 2018, U.S. President Donald Trump announced that the U.S. will withdraw from the Joint Comprehensive Plan of Action (“JCPOA”) with Iran. Canada was not a party to the JCPOA. So, the U.S. being in or out of the JCPOA does not affect Canada directly.
That being said, President Trump’s decision has
On December 20, 2017, Canada filed a Request for Consultations with the World Trade Organization (“WTO”) setting out various concerns with the application of U.S. trade remedies that Canada considers to be inconsistent with WTO rules. On January 10, 2018, the Chairman of the Dispute Settlement Body circulated a communication of Canada’s 32 page
Let’s set out the target date of importance: Round 3 of the NAFTA Modernization/Renegotiation meetings will take place in Ottawa, Canada between September 23-27, 2017. Round 1 took place in Washington D.C. between August 16-20, 2017 and Round 2 will take place in Mexico City between September 1-5 in Mexico City, Mexico.
Under
There are news reports that President Trump is considering imposing economic sanctions against China. U.S. Ambassador to the United Nations Nikki Haley made comments that suggest that sanctions are on the horizon (not quite imminent, but no longer unrealistic).
If the United States imposes economic sanctions against China in response to the perceived/real lack