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Companies should assemble documents from purchasing/procurement, customs brokers, their financial team and accountants on how they are currently using USMCA (Certificates of Origin are a great start).
Rules of origin codified in trade agreements play a crucial role in shaping global supply chains by setting out rules to ascertain the origin of a good. The newly negotiated U.S.-Mexico-Canada ...
The USMCA, implemented in 2020, significantly raised the threshold for automotive regional content from 62.5% to 75%. This increase was designed to strengthen manufacturing within the three ...
Fitch Ratings estimated that the overall U.S. effective tariff rate ("ETR") is 16%, down from its estimate of 17% at the ...
A certificate of origin declares which country a commodity or good was manufactured in. Here's how they are used in international trade and how to get one.
USMCA’s current rules of origin, let alone more stringent ones, won’t help reshore electric vehicle production. On the contrary, they could trigger “inversions,” pushing U.S. firms offshore.