QAD Precision USMCA Benchmark Complete these four questions to see if you are ready for USMCA. Question Title * 1. Are you doing away with certificates of origin as well as expanding the declaration of preferential status responsibility to your exporter or importer? Yes No Question Title * 2. Are you complying with the record retention requirements (5 years US; 6 years Canada; 10 years Mexico)? Yes No Question Title * 3. Will you meet the new requirements for preferential treatment that apply to your industry: Regional Value Content threshold and tariff shift (All manufacturers & Assemblies) Substantial transformation (Chemicals) Minimum labor wages (Automotive) Smaller trace list requirements with added roll-up net cost averaging (Automotive) Extended intellectual property rights (Life Sciences) Increased de minimis for non-originating non-shifting materials (All manufacturers & Assemblies) Yes No Question Title * 4. Do you have the mechanisms in place to update your preferential rules of origin and reassess all of your goods the moment USMCA comes into force? Yes No Question Title * 5. Contact Information: Name: Company: Email Address: Submit
