TradeUSMCA
USMCA (T-MEC)
Also known as: T-MEC, US-Mexico-Canada Agreement
Trade agreement between the United States, Mexico, and Canada that replaced NAFTA in July 2020, governing trade, investment, and intellectual property rules.
Also known as: T-MEC, US-Mexico-Canada Agreement
Trade agreement between the United States, Mexico, and Canada that replaced NAFTA in July 2020, governing trade, investment, and intellectual property rules.
The USMCA (United States-Mexico-Canada Agreement), known in Spanish as T-MEC, is the trade agreement that replaced NAFTA on July 1, 2020. It establishes the rules governing trade in goods and services, investment, intellectual property, digital commerce, labor standards, and environmental protections among the three North American economies.
In July 2026, the first mandatory review of the USMCA will take place. The three countries will assess the agreement's performance and decide whether to extend it for another 16 years. Any negotiated changes could modify rules of origin and preferential access.
The USMCA is the most important trade agreement for Mexico: it covers approximately 80% of Mexico's foreign trade. To access USMCA preferential tariffs, goods must comply with the specific rules of origin in Chapter 4 and have a valid origin certification.
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Criteria determining the economic nationality of goods, required to qualify for preferential tariff rates under free trade agreements.
DocumentsCertificate of Origin
Document certifying that goods originate in a specific country, required to claim preferential tariff rates under trade agreements.
TariffsPreferential Tariff Rate
A reduced or zero duty rate applied to imports from countries with which a free trade agreement or other preferential arrangement is in effect.
TradeFree Trade Agreement (FTA)
International agreement that eliminates or reduces tariffs and trade barriers between signatory countries.