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.By April 2019, each of the three
parties notified that they had completed their respective
ratification processes.
The United States (USTR) posted the CUSMA
Uniform Regulations on June 3, 2020, with the qualifier that
they remain subject to legal review and authentication by each of
the three countries. The Uniform Regulations provide important
detailed relating to CUSMA rules, including the rules of
origin.
The U.S. Customs and Border Protection also posted non-binding
guidance in the form of
Interim Implementing Instructions that were updated on June 16
(“CBP Implementing Instructions”). The CBP Implementing
Instructions provide insight as to how the U.S. intends to
implement many of the CUSMA
