USMCA’s July Roll Out Draws Mostly Praise, But Some Question Timing

This week the Office of the United States Trade Representative (USTR) announced that the U.S - Mexico - Canada Agreement (USMCA) will enter into force on July 1 of this year. In an article on USMCA entry-into-force Sourcing Journal featured USFIA President Julia Hughes. “While we appreciate that the administration wants to get the USMCA in effect as soon as possible, we are worried that the July 1 date may be a little rushed. Of course, the COVID-19 crisis has been having an impact on the ability of companies to manage their supply chain, and at many companies key customs and compliance experts are on furlough, leaving less time than usual to make changes to sourcing.”