NAFTA Vs USMCA

United States - Mexico - Canada tri-nation USMCA Trade Agreement after multiple ratification comes into force on July, 1, 2020. The U.S. Department of Labor will issue regulations related to the wage components of the USMCA’s labor value content (LVC) requirements for vehicles produced in the territory of a USMCA country.

This whitepaper talks about the rules & certification of origin; record keeping requirements.