This webinar will help attendees understand how to meet the rules that are required to qualify their imports/exports between the three USMCA countries (United States, Canada, and Mexico). In addition, this webinar will present some of the major changes between the NAFTA & the USMCA and how these changes may affect the qualification of your products. Some of these changes may impact your company and require advance preparation to meet compliance requirements.
Why Should You Attend:
Understand how to meet the rules that are required to qualify your imports/exports between the three USMCA countries (United States, Canada, and Mexico). Goods that may have qualified under the NAFTA may not qualify under the USMCA or vice versa.
It will also assist the producer, importer, or exporter in properly completing the new Certification of Origin for qualified goods in order to receive duty-free treatment. It will help you in preventing errors that could result in severe civil and/or criminal penalties imposed by each country's Customs administration and preparing for a USMCA audit.
The United States/Mexico/Canada Agreement (USMCA) aka as CUSMA in Canada and T-MEC in Mexico replaced the NAFTA on July 1, 2020. The USMCA provides for the preferential treatment or entry of goods duty-free into each of the countries provided that the goods meet the strict rules of origin in the agreement and regulations. Certification of Origin is required for most goods that can qualify under the rules and must be completed by the producer, exporter, or importer of the goods. Failure to know the rules and properly complete the Certification of Origin and maintain proper documentation can result in severe penalties.