Under the Hood of the USMCA
How the New Trade Agreement Is Changing Trade Between the US, Mexico and Canada
Though it has been dubbed a mere rebrand of NAFTA, the USMCA trade agreement, which came into effect on the 1st of July 2020, does include some significant changes in the way importers, exporters and freight forwarders handle the administrative aspects of customs clearance. Some of the seemingly minor changes in the rules governing tariffs and duties also have significant impact in certain key industries, like steel and automobile.
Incodocs, a leading provider of export document management software, invited Zeus Logics’ Christopher Wall to shed light on how these changes are impacting the industry—from the nitty gritty of document prep to the impact on eCommerce.
Topics covered include:
New requirements for certification of origins
Updates and changes to tariffs and de minimis threshold for USMCA trade agreement
Key rule changes, i.e. changing rules for determining country of origin of products and increased percentage of originating components
How Zeus Logics provides insight and visibility into the shipping and customs clearance process.
Listen to the webinar here: