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). Beginning July 1, 2020, the USMCA replaced 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 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.
Prior to the webinar you'll receive the USMCA: A Practical Guide to Regulations, Documentation & Procedures reference book to assist you every day on the job. Webinar registrations received less than 5 business days prior to the class date will receive an eBook for the class or pay for expedited shipping (provide FedeEx account number).
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 webinar prior to taking this webinar.
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:
- Phone Number
- Email Address
- Company Name & Address
A WEBCAM IS REQUIRED FOR WEBINAR PARTICIPATION.
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