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
We now know the dated that the Canada-United States- Mexico Agreement (CUSMA) (or USMCA under US terminology) will enter into effect to replace the North America Free Trade Agreement (NAFTA): July 1, 2020. This does not mean that the governments are ready to enforce CUSMA – Canada, United States and Mexico must now negotiate and
On April 4, 2020, the Canada Border Services Agency (“CBSA”) published Customs Notice 20-15 “Increase to the Low Value Shipment (LVS) Threshold for Goods Imported into Canada” in which it confirmed that the LVS threshold would increase to CDN $3,300 when the Canada-United States-Mexico Agreement (CUSMA) (also known as NAFTA 2.0 and USMCA) comes into
On August 15, 2019, the Canada-United States Preclearance Agreement (officially known as the Agreement on Land, Rail, Marine and Air Transport Preclearance between the Government of Canada and the Government of the United States of America) entered into effect. The Canada-United States Preclearance Agreement was signed on March 16, 2015.
Global Affairs Canada announced
The Government of Canada 
is consulting with stakeholders concerning the allocation and administration of tariff rate quotas (TRQs) for dairy (e.g., cheese, milk, butter), eggs and poultry (e.g., chicken, turkey). Canada’s dairy, poultry and egg TRQs are implemented and administered by Global Affairs Canada in accordance with the Export and Import Permits Act and its
Originally published by the Journal of Commerce in November 2018
One of the many frustrations facing international traders trying to import goods into the U.S. is whether or not they will be accepted as importer of record by Customs and Border Protection (“CBP”). CBP established a program to deal with what it views as the
Originally published by the Journal of Commerce in October 2018
While a lot of well-deserved attention is being paid to the steel, aluminum and China tariffs, and the new U.S.-Mexico-Canada Agreement, change is afoot in many other ways. For example, in July 2018, the Office of Foreign Assets Control (“OFAC”) issued an advisory about risks
On September, 2018, the United States, Canada, and Mexico announced that a new NAFTA was agreed and would be called the United States-Mexico-Canada Agreement (“USMCA”) (also known as NAFTA 2.0). The text of the USMCA was posted on the United States Trade Representative website. LexSage has published an USMCA Resource Guide with USMCA Chapters,