
CUSMA Rules of Origins…Details
In reading the excellent materials published by the Trade Commissioner Service | Service des délégués commerciaux the following struck me as being key for cleantech exporters who may not have had to provide certificate of origins on their goods.
– If a good meets the rules of origin, it is not automatically granted duty-free tariff treatment. This benefit must be claimed by the importer on the basis of a certification of origin. Goods that do not satisfy the rules of origin are considered non-originating and are not eligible for preferential tariff treatment under the Agreement.
– Some Canadian exporters have not sought preferential treatment under the CUSMA, because they previously traded with the U.S. under the broader tariff regime applicable to all World Trade Organization members (Most-Favoured Nation trade status), often with very low or zero tariff rates. These goods are now subject to the U.S. IEEPA (border and fentanyl) tariffs unless they meet the CUSMA rules of origin and make a claim for preferential tariff treatment.
– For more details: https://lnkd.in/gyvk6F83