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Difference between USMCA and NAFTA

Regulations/Policies
Ceramic Products
From Germany
To Cameroon
241 views / 0 experts
Aug 25, 2022

How Is The USMCA Different From NAFTA?

1 answer

Jasmine G.
Aug 25, 2022

While most of the USMCA is the same as NAFTA, there were some improvements. One is for the automotive industry. The rules of origin were upgraded to help support an increase in US production and employment. Another area is energy.

The update for this area helps to fix an issue with hydrocarbons transported through pipelines and new flexibilities in the rules of origin for oil and gas moving through the three countries.

The final improvement is for digital trade. NAFTA did not include e-commerce or digital trade as it was developed prior to these kinds of trade.

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