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ARTICLE · 14 JULY 2020

CUSMA Implementation: Overview Of Industry-Specific Changes

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

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The Canada-United States-Mexico Agreement (CUSMA) will come into force on July 1, 2020, replacing the 26-year-old North American Free Trade Agreement (NAFTA).

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Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Patrick Lapierre
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Roy Millen
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The Canada-United States-Mexico Agreement (CUSMA) will come into force on July 1, 2020, replacing the 26-year-old North American Free Trade Agreement (NAFTA). Known as USMCA in the United States, and T-MEC in Mexico, CUSMA comprises 34 chapters of complex provisions governing the trade relationship between the three CUSMA parties. CUSMA carries forward many of the existing rules under NAFTA, but is by no means a continuation or renewal of NAFTA.

In this bulletin, we provide a general overview of the CUSMA provisions applicable to specific industries. For more details of the rules applicable to customs and trade in goods, see our June 2020 Blakes Bulletin: Trade Tool Kit for a Successful Transition from NAFTA to CUSMA.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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