{"id":17531,"date":"2020-04-29T11:57:52","date_gmt":"2020-04-29T16:57:52","guid":{"rendered":"https:\/\/www.miq.com\/?p=16331"},"modified":"2020-04-29T11:57:52","modified_gmt":"2020-04-29T16:57:52","slug":"usmca-to-enter-into-force-july-1-2020","status":"publish","type":"post","link":"https:\/\/www.noatumlogistics.com\/us\/usmca-to-enter-into-force-july-1-2020\/","title":{"rendered":"USMCA TO ENTER INTO FORCE JULY 1, 2020"},"content":{"rendered":"<p>On Friday, April 24, 2020, the United States Trade Representative (USTR) Robert Lighthizer notified Congress that the United States-Mexico-Canada Agreement (USMCA) will enter into force on July 1, 2020. <!--more--><\/p>\n<p>All three participating countries have taken the final steps necessary to comply with the commitments under the USMCA. According to the agreement, the USMCA is\u00a0to enter into force on the first day of the third month subsequent to completion of these final steps.<\/p>\n<p>The USMCA will be replacing the historical North American Free Trade Agreement (NAFTA).\u00a0 According to a <a href=\"https:\/\/noatumlogistics.us5.list-manage.com\/track\/click?u=8951580316fc7f4fec4b48f3e&amp;id=db21e741dc&amp;e=8818f60831\">USTR announcement,<\/a>\u00a0the USMCA will be \u201csupporting more balanced, reciprocal trade, leading to freer markets, fairer trade, and robust economic growth in North America.\u201d\u00a0 The USMCA \u201ccontains significant improvements and modernized approaches to rules of origin, agricultural market access, intellectual property, digital trade, financial services, labor, and numerous other sectors.\u201d<\/p>\n<p>Businesses engaged in North American trade should review the USMCA requirements, including the rules of origin, to determine which of their goods qualify.\u00a0 Businesses not yet engaged in North American trade should review the agreement and look for opportunities that trade between the United States, Canada, and Mexico can offer.<\/p>\n<p>For more information, please <a href=\"https:\/\/noatumlogistics.us5.list-manage.com\/track\/click?u=8951580316fc7f4fec4b48f3e&amp;id=38b5ae5d52&amp;e=8818f60831\">contact your local Noatum Logistics USA (Formerly MIQ Logistics) representative<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday, April 24, 2020, the United States Trade Representative (USTR) Robert Lighthizer notified Congress that the United States-Mexico-Canada Agreement (USMCA) will enter into force on July 1, 2020.<\/p>\n","protected":false},"author":9,"featured_media":16077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[357,358],"tags":[],"class_list":["post-17531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulatory-updates","category-supply-chain-alerts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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