Find out what
part rules of origin play in trade negotiations and access resources to ensure compliance.
Not exact matches
On
rules of origin, do we play along with Trump in tightening the
rules — unions would love that — or do we recognize that Japanese auto investment is now a huge
part of the domestic industry and they might not invest here under those
rules?»
Furthermore, Canadian assembly plants and
parts manufacturers would be placed at a significant disadvantage if Canada is outside
of TPP, as American and Mexican factories would receive beneficial
rules of origin treatment under both NAFTA and TPP, while Canadian plants would only fall under NAFTA.
The country -
of -
origin rule is
part of broader new guidelines against fake or misleading news:
The NAFTA talks have moved slowly since they began in August, in
part because
of U.S. demands ranging from changes to automotive content
origin rules and dispute resolution mechanisms to imposing a clause that could automatically kill NAFTA after five years.
Determining the
rules of origin for your product is tricky, especially if your product is made
of parts or materials that hail from outside
of Canada.
They include «
rules of origin,» or the percentage
of parts that must be made in North America for a product to qualify for free - trade status; language on how to settle disputes affecting foreign investors; changing Mexican labor standards; and Trump's stated goal
of reducing U.S. bilateral trade deficits.
Currently, under NAFTA's «
rules of origin» standards, a car has to have 62.5 percent
of its
parts made somewhere in North America in order to not face tariffs while being shipped and sold across borders.
Our three -
part series on
rules of origin begins with an overview
of what they are, what role they play in trade negotiations, and how they differ between products, sectors and free trade agreements.
The Americans are expected to clarify their demand for more stringent
rules of origin in the auto industry during the Ottawa round — which explains why Foreign Affairs Minister Chrystia Freeland is meeting with a roundtable
of auto
parts manufacturers on Friday, as well as having lunch with former Prime Minister Brian Mulroney and his team who negotiated the original Canada-U.S. free trade agreement.
Canada had some substantive concerns with a new agreement, over dairy supply management, culture and, particularly, the
rules of origin for autos and auto
parts.
A major concern, he says, is that in six years, Japanese - assembled vehicles will enter the country duty free, but because
of the
rules of origin, they'll be able to incorporate significant amounts
of parts from outside the trade bloc.