US Customs and Border Protection (CBP) on July 6 issued proposed regulations regarding non-preferential origin determinations for merchandise imported from Canada or Mexico.
Under the proposed regulations, CBP would apply certain tariff-based rules of origin in the CBP regulations for all non-preferential determinations to determine whether a good imported from Canada or Mexico has been substantially transformed resulting in an article with a new name, character, or use.
The proposed rules are intended to reduce administrative burdens and inconsistency with respect to non-preferential origin determinations for merchandise imported from Canada or Mexico for purposes of implementation of the US-Mexico-Canada Agreement (USMCA).
Source PwC
