U.S. Customs and Border Protection (CBP) has created a USMCA centre that will serve as a one-stop shop for information on the USMCA. The USMCA Center coordinates CBP`s implementation of the USMCA agreement and ensures a smooth transition through consistent and comprehensive guidelines for our internal and external stakeholders. The interim instructions also specify the types of measures included in direct production, which have been extended outside the General Assembly to party inspection, quality control, time required for the installation of protective equipment, reception or implementation of training in the workplace, and direct cleaning and maintenance lines. In addition, they set the hourly base rates of employees, which exclude benefits, incentive salaries and bonuses, but include overtime. The interim rules also include timing options for calculating the LVC, including the quarterly calculation, based on the previous calendar year, the average and more. Sourcing: U.S. – Mexico – Canada Agreement (USMCA) www.cbp.gov/trade/priority-issues/trade-agreements/free-trade-agreements/USMCA Due to the magnitude of the usmica`s modifications and efforts to transfer production to the production of medical equipment, automakers have requested a delay in the implementation of the automobile until January 2021. While a delay in the automotive industry may still be allowed, car manufacturers and wider industry players should review the information provided and prepare for their implementation in July.
Unrelated to the interim implementation notice, the U.S. Trade Representative (USTR) submitted separate guidelines, Petitioners (for example. B North American passenger car and light truck manufacturers) allow for an alternative staging regime for usMCA`s rules of origin.3 www.cbp.gov/document/guidance/usmca-interim-implementation-instructions The middle manual includes fixed hourly rates that would represent high wages of US$16 in the United States, US$20.91 in Canada or US$304.31 in Mexico. They confirm that these rates will not be linked to an exchange rate and do not currently have a method described to account for inflation. The guides provide general guidance and specificities for textile and automotive products. Final enforcement instructions are issued before July 1 come into effect and these interim instructions may be amended until general notes 11 and 19 CFR 182 are established. Industry can also expect the publication of Community guidelines.2 To facilitate the strengthening of cross-border trade, the United States has reached an agreement with Mexico and Canada to increase the value of de minimis shipments. For the first time in decades, Canada will increase its de minimis level from $20 to $40 for taxes.
Canada will also offer duty-free shipments of up to 150 $US. Mexico will continue to provide $50 tax-free and will also provide duty-free shipments up to $117. The agreement adds requirements for essential parts for motor vehicles whose essential parts have higher thresholds for original content. The instructions list the SH codes of core elements subject to these high standards. The U.S.-Mexico-Mexico Agreement (USMCA) is a trade agreement between these parties. The USMCA replaced the North American Free Trade Agreement (NAFTA). On April 20, 2020, CBP issued interim execution instructions. This interim execution instruction was then updated to reflect the published uniform rules and general note 11. STATES-MEXICO -CANADA TRADE FACT SHEET Modernization of NAFTA into a 21st Century Trade Agreement ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement/fact-sheets/modernizing In anticipation of the implementation of the USMCA, us Customs and Border Protection (CBP) issued the USMCA Interim Implementation Instructions.1 4.