USMCA To Enter Into Force July 1
April 24, 2020
In the evening of Friday April 24, 2020 the United States Trade Representative notified Congress that Canada and Mexico had taken measures necessary to implement the United States Mexico Canada Agreement (“USMCA”). Under the law USMCA will enter into force July 1, 2020.
It is not clear when regulations will be issued with respect to USMCA. For the time being the April 20 guidance is the most comprehensive document issued by Customs.
Please do not hesitate to contact any of our attorneys if you have any questions regarding any aspect of USMCA or the transition from NAFTA to USMCA.