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US/Mexico/Canada – Parties sign the revised USMCA provisions

by 2 Mins Read

On December 10, 2019, at an event in Mexico’s National Palace, the modifying protocol  agreement to finalize the US-Mexico-Canada Trade Agreement (USMCA) (that will replace the North American Free Trade Agreement or NAFTA).was signed in the presence of Mexican President Andres Manuel Lopez Obrador, by Canada’s Deputy Prime Minister Chrystia Freeland, Mexico’s Undersecretary of Foreign Affairs for North America Jesus Seade, and US Trade Representative Robert Lighthizer. The signing was made possible by an agreement…

US – Congressional Democrats announce agreement with Administration on the USMCA

by 1 Min Read

On December 10, 2019, House of Representatives Speaker Nancy Pelosi and Ways and Means Chairman, Richard Neal announced in a press conference, that they had reached a deal with the White House on the US-Mexico-Canada (USMCA) trade agreement. Neal outlined some of the changes in the deal reached with the White House on the USMCA Trade Agreement on labor and environmental enforcement rules, drug pricing, and other issues. The changes must be agreed to by Mexico…

US – USTR seeks applicants for NAFTA Chapter 19 binational panels

by 2 Mins Read

On October 24, 2019, the Office of the US Trade Representative (USTR) published in the Federal Register an invitation for applications [Docket No. USTR-2019-0018] from eligible individuals wishing to be included on the roster of individuals to serve on binational panels convened to review final determinations in antidumping or countervailing duty (AD/CVD) proceedings and amendments to AD/CVD statutes of a NAFTA Party for the period April 1, 2020, through March 31, 2021. The United States…

US – CBP issues a final determination of origin in a government procurement case

by 1 Min Read

On August 14, 2019, US Customs and Border Protection (CBP) has published in the Federal Register a final determination concerning the country of origin of mobile device software and server software for purposes of government procurement under the Trade Agreements Act (TAA). Both software products are produced in a four-step process that involves: (1) writing original source code, or modifying open source software code in the United States; (2) writing or modifying source code in…

US –Commerce removes Automotive Products Trade Act regulations

by 1 Min Read

On August 6, 2019, the International Trade Administration (ITA), Department of Commerce, published in the Federal Register a final rule [Docket No. 180223210–8210–01] that removes the regulations (15 C.F.R. part 315) implementing the Automotive Products Trade Act of 1965, Public Law 89–283 (Act). That statute implemented the 1965 Canada-United States Automotive Products Agreement (Auto Pact). Since the North American Free Trade Agreement (NAFTA) came into effect in 1994, trade in automotive products between the United…

Mexico – Decree approving NAFTA replacement agreement published

by 1 Min Read

On July 29, 2019, the Diario Oficial de la Federacion (the official Federal Gazette) published the Presidential Decree approving the Protocol replacing the North American Free Trade Agreement with the Treaty between the United Mexican States, the United States of America and Canada, made in Buenos Aires, Argentina, on November 30 of two thousand eighteen, as well as the six parallel agreements between the Government of the United Mexican States and the Government of the…

US – President issues proclamations removing Sec. 232 steel and aluminum duties on goods originating in Canada and Mexico

by 2 Mins Read

On May 19, 2019, President Trump signed Proclamation 9893 of May 19, 2019 on Adjusting Imports of Aluminum into the United States (published in the Federal Register on May 23, 2019) and Proclamation 9894 of May 19, 2019 on Adjusting Imports of Steel into the United States (published in the Federal Registeron May 21, 2019), which remove the 10% duties on aluminum and 25% duties on steel for goods originating in Canada and Mexico, while…

Canada Eliminates Countermeasures as the United States Lifts Tariffs on Canadian Steel and Aluminum

by 2 Mins Read

On May 20, 2019, the Department of Finance announced that effective today, Canada is lifting its retaliatory countermeasures against the U.S. When the United States imposed unjustified tariffs on Canadian steel and aluminum, the Government of Canada stood up for our country’s steel and aluminum workers, industries, and communities – imposing reciprocal, dollar-for-dollar countermeasures against imports of steel, aluminum, and other products from the U.S., to encourage the full removal of the U.S. tariffs. “Canada stood firm…

US and Canada reach agreement on steel and aluminum tariffs under Sec. 232

by 2 Mins Read

After extensive discussions on trade in steel and aluminum covered by the action taken pursuant to Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. §1862), the United States and Canada have reached an understanding as follows: 1. The United States and Canada agree to eliminate, no later than two days from the issuance of this statement: a. All tariffs the United States imposed under Section 232 on imports of aluminum and steel…

Vietnam – The CPTPP for exporters: opportunities available now

by 1 Min Read

The entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) brings with it preferential import tariff rates applicable to CPTPP originating goods. Import tariffs can amount to a substantial increase on the end cost of goods. For businesses operating in a competitive market, preferential tariff rates may afford them a comparative advantage by reducing costs. Under the CPTPP, tariff rate reductions occur automatically after the Agreement has entered into force in a member country’s territory. Accordingly, exporters of most CPTPP originating goods can enjoy preferential tariff rates immediately.

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