USMCA: The Modernized NAFTA Seminar
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 about:
- The general rules of origin.
- Changes in de minimis thresholds for non-originating content.
- Calculating the regional value content (RVC) and non-originating content under USMCA.
- Updated provisions on accumulation; sets, kits and composite goods; transit and transshipment; and others.
- Significant revisions to product-specific rules of origin.
- Filling out the proper forms for producers and exporters.
- Country of origin for marking purposes.
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 - A Practical Guide to Regulations, Documentation & Procedures reference book. Seminar registrations received less than 5 business days prior to the class date will need to pay for expediting class material (provide FedEx account number).
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.
IMPORTANT: COVID Guidelines and Information for Seminar Attendance
All our instructors have been vaccinated. For your safety and the safety of our instructors and other attendees, our seminars will follow state, local and venue (hotel) COVID guidelines. If guidelines are not available from the state and local governments, we will follow the most current Centers for Disease Control (CDC) guidelines. Please keep in mind that guidelines are frequently updated.
A signed waiver form will be required before attending. The form will be emailed to each registered attendee.
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 ORIGIN FOR MARKING PURPOSES
IX. ARTICLE 2 USMCA’S EFFECTS ON TEMPORARY
ENTRY, DUTY DEFERRAL AND DUTY DRAWBACK