ACA Publishes Member Guidance on USMCA Rules of Origin

ACA has developed a guide for members to help them navigate the Rules of Origin duties under the United States – Mexico – Canada Trade Agreement (USMCA). The USMCA is a regional trade agreement that eliminates barriers in trade and facilitates cross-border movement of goods and services between these three parties. USMCA officially went into force on July 1, 2020, replacing the previous trade agreement, the North American Free Trade Agreement (NAFTA).

The USMCA provides for duty-free trade between signatory countries of goods that would normally be subject to import duties, so long as the goods meet the USMCA’s Rules of Origin. Compliance with these rules means that the goods will be considered “originating” in the territory of the three signatory countries.

Notably, the USMCA permits duty-free trade only for products that “originate” within the territory of the signatory countries. The agreement’s product-specific rules of origin must be applied to determine whether goods, including paint and coating products, meet the requirements for originating status. Proper understanding of these rules is crucial to obtaining duty-free treatment for products shipped between North American countries, and documenting claims to such treatment.

ACA’s guidance focuses specifically on applying the Rules of Origin. It includes examples and explanations for how to apply these rules while engaging in cross-border trade, and is intended to aid understanding compliance with the USMCA Rules of Origin and its practical application.

ACA members may access the guide here. To access this guidance, please use your username and password for the ACA website. If you don’t have login credentials, contact ACA at login@paint.org.

Contact ACA’s Heidi McAuliffe for more information.

The post ACA Publishes Member Guidance on USMCA Rules of Origin appeared first on American Coatings Association.

from American Coatings Association https://www.paint.org/usmca-rules-origin/
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