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Does Your Product Comply with NAFTA Rules of Origin

? Dunlap International, Inc.. 2. Topics NOT being discussed:. Details of the NAFTA treaty. Benefits of NAFTA.Problems of NAFTA.. ? Dunlap International, Inc.. 3. Topics we WILL discuss:. The 4 Main Rules of Origin under NAFTAProper Classification of Products under the Harmonized Tariff Code

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Does Your Product Comply with NAFTA Rules of Origin

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    1. © Dunlap International, Inc. 1 Does Your Product Comply with NAFTA Rules of Origin?

    2. © Dunlap International, Inc. 2 Topics NOT being discussed: Details of the NAFTA treaty. Benefits of NAFTA. Problems of NAFTA.

    3. © Dunlap International, Inc. 3 Topics we WILL discuss: The 4 Main Rules of Origin under NAFTA Proper Classification of Products under the Harmonized Tariff Code Exercise in determining Regional Value Content of your products Completing the Certificate of Origin Record Keeping requirements

    4. © Dunlap International, Inc. 4 WHY RULES OF ORIGIN? Main goal of NAFTA is to eliminate tariffs & create a free trade area (not a common market) between Mexico, Canada and USA. Prevent other countries from using Mexico as a “pass through” to US/Canadian markets. No free lunch, but cost of new opportunities is more paperwork.

    5. © Dunlap International, Inc. 5 Tariff Phaseout NAFTA eliminates tariffs on most goods originating in Canada, Mexico, and the United States over a maximum transition of 15 years. The 4 tier schedule for elimination of tariffs: 1) Immediate (1/1/94) 9000 products became duty free 2) 5 Year (1/1/1998) - computers, software, paper, … 3) 10 Year (1/1/2004) - Leather, glassware, building material... 4) 15 Year (1/1/2008) - agricultural products, ...

    6. © Dunlap International, Inc. 6 VOLUME 1, CHAPTER FOUR RULES OF ORIGIN

    7. © Dunlap International, Inc. 7 “ORIGINATE” Maximum benefits are reserved for goods that “originate” as strictly defined in Article 401 of the Agreement. It is possible for goods to not originate in Canada, Mexico, or USA per NAFTA, yet still be considered an article of Canada, Mexico, or USA for country of origin marking, statistical, or other purposes.

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