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Automotive Provisions in the USMCA
Webinar: 1 CCS Credit
Changes in the rules of origin for automobiles and auto parts in the U.S.-Mexico-Canada agreement make clear that securing duty-free treatment for these goods under the USMCA will be even more challenging than under NAFTA. For example, the USMCA has replaced NAFTA’s traced value concept with a complex regional value content scheme with different calculations for core parts, principal parts, and complementary parts. There are also new requirements for steel, aluminum, and labor value content that will require vehicle producers and suppliers to collect specific information from their supply chains to validate compliance with the USMCA.
This webinar will focus on the USMCA origin rules for passenger vehicles and light trucks as well as the direct materials incorporated into these vehicles.
- distinctions between parts, principal parts, and complementary parts
- RVC calculations and averaging
- changes affecting transaction value, value, and packing
- de minimis rules
- intermediate materials
- NAFTA procedures, processes, and skills applicable to USMCA
Payment may be made by Visa, Mastercard or Discover. We do not accept American Express.
Purchase price: $200.00