Trade Agreements & Issues
Below you will find material that applies to the various trade deals that the USA and Canada hold membership with. This page will also discuss other topics that relate to these deals.
Trade Deals
North American Trade Deals
CUSMA/USMCA/T-MEC
Below includes material relating to the trade deal among the North American countries: United States, Canada and Mexico. The Trade deal is a revised version of the deal formally known as NAFTA. The name of the deal is interchangeably referred to as USMCA, CUSMA and T-MEC.
- USMCA = United States – Mexico – Canadian Agreement and is the commonly used term in the USA
- CUSMA = Canadian – United States – Mexico Agreement and is the commonly used term in Canada
- T-MEC = Tratado entre México, Estados Unidos y Canadá and is the commonly used term in Mexico
What you Will Learn in This Section:
- Overview of USMCA/CUSMA/T-MEC
- Proof of Origin
- 9 minimum data elements
- Low Value Shipment (LVS)
- Trade facilitation
- De Minimis threshold
- Regional Value Content (RVC)
- Tariff shifts
- Intro to using Cargowise & Visual Importer (VI)
National Customs Broker & Forward Association of America, INC (NCBFAA)
This will be a description of what this section will discuss.
What you Will Learn in This Section:
- How to make a claim
- Certification
- Post & Penalties