USMCA Goes into Effect July 1 – What Changes Are in Store for Colorado Manufacturers? By Karen Gerwitz, WTC DenverUsmca • June 30th, 2020
Contract Type FiledJune 30th, 2020The United States-Mexico-Canada Agreement (USMCA), as dubbed by the United States; the Canada- United States – Mexico Agreement (CUSMA) known in Canada; and the México, Estados Unidos y Canadá (T-MEC) in Mexico; replaces the universally known NAFTA or North American Free Trade Agreement on July 1, 2020. The new agreement modernizes NAFTA and addresses some key issues facing Colorado manufacturers, such as: harmonization of regulatory systems, e-commerce, and protection of intellectual property.