The United States-Mexico-Canada Agreement (USMCA)United States-Mexico-Canada Agreement (Usmca) • July 13th, 2020
Contract Type FiledJuly 13th, 2020Effective July 1, 2020, the USMCA entered into force, but for merchandise that entered into commerce on June 30 or before, the North American Free Trade Act (NAFTA) rules still apply. The USMCA replaces NAFTA and has many important differences. A total of 34 chapters, four main agreement annexes, and 16 side letters comprise the agreement, and what follows is a brief summary of some of the more prominent aspects of the USMCA with references to the pertinent chapters.