U.S. Ratifies USMCA Replacing NAFTA

On January 29, President Trump signed legislation ratifying the United States-Canada-Mexico Agreement (USMCA), the replacement for the North American Free Trade Agreement (NAFTA).  Mexico has already ratified USMCA, and Canada’s Parliament is reportedly prepared to ratify soon, which would allow for entry-into-force in several months.  Once the USMCA enters into force, each country is obligated to submit notice that regulations have been issued that address in detail relative obligations under the USMCA.  This process may take some time as each country works through the details of implementing the new rules related to provisions in the USMCA on key issues such as labor, regulatory enforcement, autos and pharmaceuticals, among others.   CPA will continue to follow this process closely in the unlikely event new regulations have any impact of the North American composite panel industry.  See USA Today.  More Info: Jackson Morrill


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