The United States-Mexico-Canada Agreement went into effect, replacing the North American Free Trade Agreement, to mutually benefit North American workers, farmers, ranchers, and businesses. This agreement leveled the playing field for American workers with improved rules of origin, better protection of intellectual property, and benefits for small-and medium-sized businesses. OT played a key role in the implementation of the USMCA by writing and developing legal and regulatory documents, including the regulations for the agreement, establishing the USMCA Center to provide resources to internal and external stakeholders and ensuring compliance with USMCA requirements. These efforts have led to the facilitation of $1.45 trillion USMCA imports since the implementation of the agreement through December 31, 2022.
USMCA
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Last Modified: Feb 24, 2023