Canada-United States-Mexico Agreement (CUSMA/USMCA) 2020

HEADLINE: NAFTA outdated, failing to address modern trade issues and regional content requirements.

Key Obligations

["CUSMA Certificate of Origin for preferential tariff treatment", "Product must meet CUSMA rules of origin (RVC or tariff shift)", "Automotive sector: Regional Value Content (RVC) 75% for passenger vehicles"]

Penalty Ranges

Loss of preferential tariff treatment; full duties payable; penalties

Affected HS Codes: ["All HS codes"]

Issuing Authority: Global Affairs Canada / CBSA

Trade Compliance Records Home Regulations Database Compliance Answers Regulatory Wiki Blog Trade Intelligence Press Releases Inspection Bodies HS Codes About the Author