Question: Does anyone in the membership have guidance on when USMCA would become active and replace NAFTA (pending ratification of course). I’ve been monitoring communications on the developments but have not found information on when it would be implemented once fully approved. =========== Answers: It stipulated in the agreement as written, implementation is 90 days […]
QUESTION: In reading about the new USMCA I am worried about the switch in liability for supporting a claim from the exporter to the importer. Under the USMCA, the liability for having the records to support a claim switches from the exporter via a “paper” (PDF) signed / dated form 434, to the importer who […]
QUESTION: Does anyone have any idea how the new USMCA agreement might affect those of us in the automotive industry when it comes to trace value? Will there still be a tracing list? Will this now have to be separate from the Trace Value NAFTA form we’ve been using to date? ========== Answer: It’s all […]
QUESTION: My questions are regarding the future of origin forms under USMCA. The text of the agreement covers Origin Procedures in section 5. It states that free form language on a document such as an invoice or packing list can qualify as an origin statement under the proposed agreement. I would like predictions from the […]
QUESTION: Like many of you, we are in the middle of our 2019 supplier certification solicitation process. Up until Monday, the process was moving along swimmingly (well, as swimmingly as possible, anyway). However, after Monday’s announcement, we have had several suppliers respond to our solicitation request with a message along the lines of “Since we […]
QUESTION: I have come across several relatively minor changes/enhancements while reviewing Section 05 Origin Procedures of the draft of the USMCA https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement/united-states-mexico , but there is one that I hesitate to interpret (i.e. report to company executives). Article 5.4 chapter 6 states: “Each Party shall provide that a certification of origin for a good imported […]
