Side-by-Side Comparison of Key Provisions in the NAFTA and the USMCA

Side-by-Side-Comparison-of-Key-Provisions-in-the-NAFTA-and-the-USMCA

As the USMCA’s entry into force nears, U.S. importers and exporters who have been making NAFTA claims or issuing NAFTA Certificates of Origin should become familiar with the provisions that will remain essentially the same under the USMCA as well as with the modifications that the USMCA will make to the prior NAFTA requirements. The […]

Senate Overwhelmingly Passes USMCA, Entry into Force Expected in Mid-2020

Senate-Overwhelmingly-Passes-USMCA-Entry-into-Force-Expected-in-Mid-2020

On January 16, 2020, the U.S. Senate passed the US-Mexico-Canada Agreement (“USMCA”), which modifies, updates and will replace the North American Free Trade Agreement (“NAFTA”). The Senate vote was 89-10 in favor of the updated trade agreement. President Trump is expected to sign the implementing bill this week. Canada is expected to ratify the agreement […]

And Then There Were Three: The U.S., Mexico and Canada Agree to Sign the New USMCA

And Then There Were Three: The U.S., Mexico and Canada Agree to Sign the New USMCA

Canada just joined the United States and Mexico in agreeing to sign on to a modernized NAFTA, which will become known as the US-Mexico-Canada Agreement (“USMCA”). The U.S. and Mexico entered their agreement a little over a month ago, and there was a concerted push to conclude the agreement (with or without Canada) before Mexican […]

NAFTA Is Dead – Long Live the “U.S. – Mexico Trade Agreement” in Principle?

NAFTA Is Dead – Long Live the “U.S. – Mexico Trade Agreement” in Principle?

Today, the Office of the U.S. Trade Representative (USTR) announced that the United States and Mexico reached a “preliminary agreement in principle,” subject to finalization and implementation, to update the North America Free Trade Agreement (NAFTA). The USTR stated that the preliminary accord contains “modern provisions representing a 21st century, high-standard agreement.” The agreement, which will […]