Search Results for keywords:"USMCA"

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Search Results: keywords:"USMCA"

  • Type:Rule
    Citation:90 FR 6456
    Reading Time:about 4 hours

    The document outlines an interim final rule by the U.S. Customs and Border Protection (CBP), under the Homeland Security and Treasury Departments, to implement regulations for the United States-Mexico-Canada Agreement (USMCA). This rule amends existing regulations to provide guidance on preferential tariff treatment and related customs measures for various goods, including textiles and automotive products. It establishes certification requirements for importers and manufacturers, recordkeeping responsibilities, and procedures for protests and verifications. The rule aims to ensure compliance with the new trade agreement and streamline the process for benefiting from the preferential treatment under the USMCA.

    Simple Explanation

    The government made new rules to help the United States, Mexico, and Canada trade things like clothes and cars with each other more easily and at lower costs. They are making sure that companies keep good records, follow the rules, and get the benefits they deserve.

  • Type:Notice
    Citation:89 FR 100541
    Reading Time:about 2 minutes

    The Department of Labor is seeking public comments on an information collection request regarding the United States-Mexico-Canada Agreement (USMCA) web-based hotline. This hotline collects confidential information on labor issues from interested parties, including Mexican workers. The public can submit comments until January 13, 2025, about the necessity and effects of this information collection. The Department aims to ensure that the data collection is effective, minimizes burdens, and uses appropriate technology, with the collection having no cost to respondents and requiring 550 annual burden hours.

    Simple Explanation

    The Department of Labor wants to hear what people think about a special phone line they are using to get secret tips about work problems from people in Mexico, Canada, and the US. They want to make sure it's easy to use and doesn't take up too much time for those who call.

  • Type:Rule
    Citation:89 FR 100303
    Reading Time:about a minute or two

    The Department of Commerce updated and finalized a rule on January 31, 2024, concerning procedures related to discrepancies between past trade agreements like NAFTA and the new United States-Mexico-Canada Agreement (USMCA). This update corrects a regulatory error where language was mistakenly duplicated in the legal text, specifically in section 19 CFR 356.8(b)(2). The correction clarifies who can request the continuation of trade reviews but notes that foreign governments are not authorized to make such requests. The changes are effective as of December 12, 2024.

    Simple Explanation

    The Commerce Department fixed a mistake in some official rules about trade between the U.S., Mexico, and Canada. They removed extra, confusing words to make it clear that only certain people can ask questions about trade problems, but not foreign governments.

  • Type:Notice
    Citation:86 FR 11561
    Reading Time:about 2 minutes

    The Wage and Hour Division (WHD) of the U.S. Department of Labor announced that the Office of Management and Budget (OMB) has approved an extension for the information collection titled “High-Wage Components of the Labor Value Content Requirements under USMCA.” This collection, identified by OMB Control Number 1235-0032, now has an expiration date of January 31, 2024. This decision allows the WHD to continue collecting data related to wage components under USMCA, which are part of the requirements for companies that fall under the United States-Mexico-Canada Agreement (USMCA). Public notification of this extension was published to comply with regulations requiring official announcements for such approvals.

    Simple Explanation

    The government is telling everyone that they can keep asking questions about how much people get paid at work because of a special rule between the U.S., Mexico, and Canada. They can keep doing this until January 2024.

  • Type:Notice
    Citation:86 FR 5139
    Reading Time:about 2 minutes

    A request for a panel review was submitted by Resolute FP Canada Inc., the Conseil de l'Industrie forestière du Québec, and the Ontario Forest Industries Association as part of the USMCA agreement. They want a review of the U.S. International Trade Administration's final decision on antidumping duties for softwood lumber from Canada. This request was officially recorded on December 22, 2020, and follows the rules set out in Article 10.12 of the USMCA, which lays out procedures for handling trade disputes between the US, Canada, and Mexico. The deadline for complaints was January 21, 2021, while notices of appearance for panel participation were due by February 5, 2021.

    Simple Explanation

    Some Canadian groups asked for a review of a decision about extra charges on wood they sold to the USA because they think it was unfair, and they had to do this by certain dates set in a special trade agreement between the USA, Canada, and Mexico.

  • Type:Presidential Document
    Citation:89 FR 105333
    Reading Time:about 13 minutes

    In a proclamation dated December 20, 2024, President Joseph R. Biden Jr. announced the continuation and modification of trade agreements and tariff schedules between the United States and Israel, as well as with other countries involved in trade agreements such as USMCA and DR-CAFTA. This included extending duty-free access for certain Israeli agricultural products until December 31, 2025, to maintain favorable trade terms. Additionally, the proclamation addressed technical corrections in the Harmonized Tariff Schedule to ensure proper implementation of trade agreements like the USMCA and AGOA, and adjustments were made to correct past errors, including in steel import quotas. The proclamation is intended to ensure ongoing advantageous trade relationships aligned with U.S. international trade agreements.

    Simple Explanation

    The President of the United States said that America and Israel will keep their special trade deal for farm products so Israeli products can come to the U.S. without extra taxes until the end of 2025. He's also fixing some past mistakes in the rules, like those for steel trades, to make sure everything is fair and correct.

  • Type:Notice
    Citation:90 FR 11743
    Reading Time:about 17 minutes

    To address the flow of illicit drugs across the U.S.-Canada border, the U.S. has imposed additional tariffs on Canadian imports as outlined in a series of executive orders. This notice by the Department of Homeland Security adjusts the Harmonized Tariff Schedule of the U.S. to implement these tariffs, effective March 7, 2025. The changes include a 10% tariff on certain Canadian products not qualifying for duty-free status under the USMCA, and specialized tariff adjustments for automotive and potash products to minimize economic disruption. The tariffs aim to pressure Canada to enhance measures against drug trafficking while maintaining trade considerations for vital sectors like the automotive industry.

    Simple Explanation

    The U.S. made a rule to make some things from Canada more expensive because they want Canada to help stop illegal drugs from coming in. This means extra costs on certain Canadian items, like cars and fertilizer, starting March 7, 2025.