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USMCA

The U.S.-Mexico-Canada agreement is a free trade agreement between the three countries, also known as CUSMA in Canada and T-MEC in Mexico. Replacing the North American Free Trade Agreement (NAFTA) in 2020, the agreement contains a unique sunset provision where, after six years (in 2026), any of the three parties may decide not to continue the agreement in its current form and begin a period of up to 10 years where USMCA provisions may be renegotiated.

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2nd USMCA Panel Established Over Canadian Dairy TRQs
March 23, 2023 |Other U.S.

The U.S. filed its initial written submission March 20 in its second panel under the USMCA trade deal over Canada's dairy tariff-rate quotas, arguing that various elements of Canada's TRQ allocation system "remain fundamentally inconsistent with Canada's USMCA obligations," according to a copy of the submission posted by the International Economic Law and Policy blog.

Trade Court Tosses Customs Case on Selective Cushioning Units
February 14, 2023 |Litigation

The Court of International Trade in a Feb. 13 order granted importer Strato's voluntary dismissal notice without prejudice in its customs case on selective cushioning units. While the U.S. did not serve an answer nor a motion for summary judgment in the case, Strato's counsel discussed with the government's counsel and agreed to voluntarily dismiss the case, the order said (Strato v. United States, CIT # 22-00315).

Topics:Court of International Trade activity, Country of origin cases
Auto Broker to Pay $430K to Settle Charges Over Undervalued Car Imports
February 10, 2023 |Penalties

Washington state-based auto broker BidBuy Auctions settled a customs fraud case with DOJ, agreeing to pay $430,000, the U.S. Attorney's Office for the Western District of Washington announced. The qui tam case saw a former BidBuy employee allege the auto broker lied to CBP about the value of imported vehicles to pay less in duties. As a result of the settlement, the former employee-turned-whistleblower will get 23%, or $98,900, of the $430,000 payment.