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Manufacturing Trade Agreements

Navigating International Trade Agreements- What Every Small Manufacturer Needs to Know

A trade agreement is a contract or agreement between two or more countries that rules and regulates those countries’ trade and economic relations. Trade agreements can be bilateral or multilateral.

These agreements can cover a wide variety of subjects, including tariffs (taxes levied on imported goods), quotas (limits on the number of items that a country can import), rules of origin (definitions of the country from which a product originates), intellectual property, investment, and services.

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The Impact of the United States-Mexico-Canada Agreement (USMCA) on Canadian SMB Manufacturers

The Impact of the United States-Mexico-Canada Agreement (USMCA) on Canadian SMB Manufacturers

The United States-Mexico-Canada Agreement (USMCA) is a landmark trade agreement between the three countries that replaces the North American Free Trade Agreement (NAFTA). The Canadian government has been vocal about the potential benefits of USMCA, from increased market access and improved labor standards to increased investment opportunities and enhanced intellectual property protection.

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