USMCA: The Modernized NAFTA Webinar
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 webinar 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 webinar, 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.
The webinar is exactly the same as the seminar except that you watch on your computer rather than sitting in the same room as the instructor. There is still ample time to ask questions. Small class sizes and a knowledgeable teacher allow for a great interaction between attendees and the instructor. Prior to the webinar you will receive the USMCA reference book.
Webinar refund policy. IBT will issue a complete refund if you cancel 30 or more days before the webinar date. No refunds are given for cancellations received within 30 days of the webinar. Cancellations received less than 30 days before the webinar 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 webinar 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.
WHEN CHECKING OUT, PLEASE PROVIDE THE FOLLOWING INFORMATION ABOUT THE WEBINAR ATTENDEE IN THE "NOTE TO SELLER" BOX:
- Name
- Phone Number
- Email Address
- Company Name & Address
A webcam is required for webinar participation. If you do not have a webcam, advise with registration that webcam is needed. It will be sent along with the webinar reference book prior to the session.
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WEBINAR AGENDA
I. USMCA INTRODUCTION a. Overview & Benefits of the USMCA b. Business Requirements for Participation II. DEFINITIONS 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 b. Accumulation 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 a. Chemicals b. Iron and Steel Products c. Textiles and Apparel d Agricultural Goods e. Automotive 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 d. Solicitation 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 |