The Canada-United States-Mexico Agreement, or CUSMA, governs much of the trade among Canada, the United States and Mexico. Goods that meet CUSMA rules of origin can qualify for preferential tariff treatment.
CUSMA compliance has become particularly important during the current trade dispute because it can determine whether some U.S. tariffs apply to Canadian goods. It does not, however, provide a blanket exemption from all U.S. tariffs. In particular, CUSMA-compliant goods can still be subject to Section 232 sectoral tariffs.
Government of Canada: Canada-United States-Mexico Agreement →
For businesses: Step-by-Step Guide to CUSMA Compliance →
