USMCA: The Modernized NAFTA Seminar
IMPORTANT: Due to COVID-19, all in-person seminars have been suspended until further notice. Please see our Webinars page for information on our online courses.
Full-Day Session — 8:30 a.m. to 4:00 p.m. Central Time
Certificate Issued Upon Completion.
The U.S. - Mexico - Canada Agreement (USMCA) is the updated version of the North American Free Trade Agreement (NAFTA). As of July 1, 2020, the USMCA replaces NAFTA and requires companies who have been benefiting from the free trade agreement to make their claims for preferential duty rates under the new agreement. Before you make those new claims, make sure you understand the changes!
The USMCA contains enhancements and modernized approaches to rules of origin, agricultural market access, intellectual property, digital trade, financial services, labor, and numerous other sectors. This one-day seminar helps you understand the revised rules of origin, apply them to your company's products, and then correctly complete and maintain the proper documentation to take advantage of the reduced tariffs under USMCA.
If you take this seminar, you will:
- Learn what the USMCA changes mean for your company and how they will impact your current NAFTA process.
- Examine the USMCA rules of origin to determine if your products qualify for USMCA.
- Understand the data elements required to show that your goods qualify under USMCA and how to include that information on your documents.
- Successfully enter products into the U.S., Canada or Mexico under USMCA.
Basic understanding of the Harmonized Tariff Schedule (HTS) and General Rules of Interpretation (GRI) is required for this course. If you are not familiar with tariff classification and GRI, we recommend you sign up for Tariff Classification seminar or webinar prior to taking this webinar.
Come to this one-day seminar armed with your questions. Small class sizes and a knowledgeable teacher allow for a great interaction between attendees and the instructor. All attendees will receive the USMCA reference book.
Can't travel. This seminar is also available in an online webinar format. Click here for more information.
Seminar refund policy. IBT will issue a complete refund if you cancel 30 or more days before the seminar date. No refunds are given for cancellations received within 30 days of the seminar. Cancellations received less than 30 days before the seminar are subject to a $125 transfer fee. Once the fee is paid, you may transfer to another class date within one full year. In fairness to all attendees, confirmed attendees who do not attend their scheduled seminar are liable for the entire fee. You may send a substitute if you are not able to attend at the last minute at no charge.
If you do not receive a seminar confirmation at least two weeks before the seminar, please contact our office. We recommend you do not make travel arrangements until you receive a seminar confirmation. We reserve the right to cancel any seminars that do not have enough participants. If a cancellation occurs, registered attendees will receive a full refund or the option to transfer to another date.
WHEN CHECKING OUT, PLEASE PROVIDE THE FOLLOWING INFORMATION ABOUT THE SEMINAR ATTENDEE IN THE "NOTE TO SELLER" BOX:
- Phone Number
- Email Address
- Company Name & Address
I. USMCA INTRODUCTION
a. Overview & Benefits of the USMCA
b. Business Requirements for Participation
III. A CLOSER LOOK AT ORIGINATION
a. Wholly Obtained or Produced
b. Product Specific Rules
c. Produced Exclusively From Originating Materials
d. Exemptions From Tariff Charge Rules
e. Electronic Goods
IV. FINER POINTS OF ORIGINATION
a. Remanufactured Goods
c. De Minimis
d. Fungible Goods or Materials
e. Accessories, Spare Parts, Tools
f. Packaging Materials and Containers for Retail Sale
g. Packing Materials and Containers of Shipment
h. Sets of Goods
V. USMCA AND SPECIAL SECTORS
b. Iron and Steel Products
c. Textiles and Apparel
d Agricultural Goods
VI. ORIGIN CERTIFICATION
a. Making the Claim.
b. Origin Certification Obligations
c. Certificate of Origin
VII. USMCA IN THE ORGANIZATION
a. USMCA Business Flow Model
b. Should Your Company Participate?
c. Classification Management
e. USMCA Origination Management
VIII. COUNTRY OF ORGIN FOR MARKING PURPOSES
IX. ARTICLE 2 USMCA’S EFFECTS ON TEMPORARY
ENTRY, DUTY DEFERRAL AND DUTY DRAWBACK