Trade Agreement De

Most of the increase in members` agricultural trade, which has just been placed under the responsibility of the World Trade Organization, is due to very high trade barriers prior to NAFTA or other regional trade agreements. [91] Negotiated agreements, meetings, fact sheets, circular reports In order to facilitate the strengthening of cross-border trade, the United States has entered into an agreement with Mexico and Canada regarding the increase of their de minimis shipping value. For the first time in decades, Canada will increase its de minimis level from C$20 to C$40 for taxes. Canada also expects duty-free shipments of up to C$150. Mexico will continue to provide $50 tax-free de minimis and will also offer duty-free shipments worth $117. Dissemination values up to these levels would occur with minimal formal entry procedures, making it easier for more businesses, especially small and medium-sized enterprises, to be part of cross-border trade. . . .