Agricultural and energy market access in Mexico are of concern to Rep. Kevin Brady, R-Texas, as he talks about the need to enforce USMCA's provisions, but he dismissed Mexico's concern that the U.S. is not following the treaty's text as it lays out rules for imported automobiles and light trucks to enter the U.S. tariff-free.
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Although the U.S. has the most trade agreements with Western Hemisphere countries, many of those trading partners haven't developed as strongly as trading partners in Asia, said a panel of former ambassadors and a Brazilian consultant to businesses that operate in Latin America during a Center for Strategic and International Studies online panel Jan. 10.
In order for a vehicle assembled in North America to be originating, six of seven super core parts -- such as the engine, transmission and suspension system, steering system and body -- have to be at least 75% North American, once the transition from NAFTA to USMCA is done.
The Commerce Department published notices in the Federal Register Jan. 5 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
DHS published its fall 2021 regulatory agenda for CBP with only one new trade-related action mentioned. The department said it intends to consolidate the regulatory authorities over immigration ports of entry, customs ports of entry and customs stations. The DHS secretary has authority over the customs ports of entry and stations, while the CBP commissioner oversee the immigration ports of entry, it said. "CBP is exploring ways to consolidate the authority to manage the two types of ports."
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The Treasury Department published its fall 2021 regulatory agenda for CBP. The agenda includes a new mention of an interim final rule to implement some major provisions of the USMCA. The agency seems to have missed the listed target date of November 2021 for the interim final rule.
A Sandler Travis lawyer, looking forward to trade developments in 2022, said CBP is scheduled to issue a final rule in February for USMCA implementation, including applying the part 102 rules for nonpreferential purposes to goods produced in Canada and Mexico (see 2107010045). "This would avoid situations where goods could qualify under the USMCA as a product of Mexico, but still be hit with Section 301 tariffs," Mark Tallo said on the firm's "Two Minutes on Trade" podcast.
The National Association of Foreign-Trade Zones has long argued that barring goods produced in FTZs from qualifying for USMCA tariff benefits makes no sense, if the goods would otherwise meet rules of origin, and that the restriction puts FTZ production at a disadvantage compared to Mexican and Canadian production.
Canadian Trade Minister Mary Ng said her government has filed notice that it is bringing a state-to-state dispute under USMCA over the increase in antidumping and countervailing duties on most Canadian softwood lumber exports. The Commerce Department issued the final results of the reviews in November (see 2112020026).