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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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USTR Seeks Applicants for USMCA AD/CVD Dispute Settlement Panels
October 25, 2021 |AD/CVD

Applications are due Nov. 22 for inclusion on a roster of potential panelists for USMCA dispute settlement cases involving antidumping duty proceedings and amendments to AD/CVD laws. USTR reviews its roster of 25 panelists annually, and this round will cover April 1, 2022, through March 31, 2023. Canada and Mexico also keep rosters of 25. Applicants should be of “good character and of high standing and repute, and are to be chosen strictly on the basis of their objectivity, reliability, sound judgment, and general familiarity with international trade law,” USTR said. Roster members may not be affiliated with any of the three USMCA governments, except for judges, who will be appointed to the roster “to the fullest extent practicable.”

Topics:Court of International Trade activity
Part's Mexican Origin Not Enough to Get USMCA Benefits if Heading to OEM, CBP Says
October 12, 2021 by Mara Lee|Customs Rulings

Heavy truck parts destined for a U.S. assembly plant cannot qualify for USMCA benefits under tariff shift rules, CBP told Mitsubishi Electric's Automotive division. Under USMCA, the original equipment starter must have 60% North American content under a net cost method, or 70% under a transaction value method; that percentage will go up in July 2024 to 64% or 74%, respectively, and 70% or 80% in 2027.

Topics:Tariff classification rulings, Country of origin cases