CARM: What all importers need to know about CARM

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Terminology

T

T-MEC (Tratado entre Mexico, Estados Unidos y Canada)

On July 1, 2020, the new CUSMA/USMCA/T-MEC replaced the existing NAFTA free trade agreement for imports into Canada, USA and Mexico. The one agreement has 3 names – one for each of the participating countries.

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Quick Tip #5
Clarifying the limitations of Incoterms

Don’t make the mistake of assuming Incoterms define anything other than the terms of delivery. For example, Incoterms do not cover:

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