USMCA
Also called: CUSMA · T-MEC · United States–Mexico–Canada Agreement
The free trade agreement between the United States, Mexico and Canada, in force since 1 July 2020, replacing NAFTA. Its origin rules include regional value content and strict automotive requirements, and preference is claimed by a certification of origin prepared by the importer, exporter or producer. The agreement is subject to a joint review in 2026.
In practice
USMCA-qualifying goods avoid many US additional duties as well as MFN duty, so documentation of origin is unusually valuable.
Applies to: 
USA
Related terms
- Free trade agreement
- An agreement between two or more countries removing duties on most trade between them, while each keeps its own external tariff. Benefits are limited…
- Merchandise Processing Fee
- A US user fee charged on most formal entries at an ad valorem rate of 0.3464 percent, with a minimum and maximum per entry that are adjusted each…
- Preferential origin
- Origin status under the rules of a specific free trade agreement or unilateral preference scheme that entitles goods to a reduced or zero duty. It is…