Effective July 1, 2020, the USMCA trade agreement officially replaced NAFTA as the trilateral free trade agreement between the U.S., Canada, and Mexico. Whether the manufacturer of importer is located in the U.S. (USMCA), Canada (CUSMA), or Mexico (T-MEC), the automotive industry as a whole has been significantly affected by dramatic rule changes, including an increase in overall value content requirements, the introduction of the Labor Value Content (LVC) requirements, and new categories and requirements for the qualification of automotive parts.