BarbriSFCourseDetails

Course Details

This CLE course will provide counsel with guidance on revising supply chain agreements to comply with the United States-Mexico-Canada Agreement (USMCA), which went into effect July 1, 2020. In addition to reforming provisions related to the rules of origin, labor enforcement, de minimis levels, and creating a sunset clause, the new trade agreement has several industry-specific provisions that must be complied with to ensure the delivery of goods.

Faculty

Description

This year, the USMCA went into effect, replacing the North American Free Trade Agreement (NAFTA). This new free trade agreement makes several changes to the rules related to multiple moving parts of the U.S., Canadian, and Mexican economies. The changes also address e-commerce and digital trade, which NAFTA failed to address.

With changes to what qualifies as duty-free, counsel must consider addressing these issues in supply chain agreements. The USMCA requires that attorneys consider the duty preference claim process and qualifications.

Listen as our authoritative panel discusses the new USMCA and how counsel will need to address NAFTA revisions in supply chain agreements. The panel will also address what the new trade policy means for companies and their counsel and the changes for companies to ensure USMCA compliance.

Outline

  1. Revising supply chain agreements to address USMCA
    1. Rules of origin requirements
      1. Background supporting the NAFTA preference override
      2. Impact of the elimination of the NAFTA preference override in the USMCA
    2. Labor enforcement
    3. De minimis levels
    4. Sunset clause
    5. Nonmarket country
  2. Industry specific requirements
    1. Digital trade
    2. E-commerce
    3. Intellectual property rights
    4. Investor-state dispute settlement
    5. Automotive industry

Benefits

The panel will review these and other topics:

  • What are the significant differences between NAFTA and the USMCA?
  • How does the USMCA address e-commerce and digital trade?
  • What must be included in automotive contracts to comply with the USMCA?
  • What are best practices for revising supply chain agreements to comply with the USMCA?