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U.S. corrects NAFTA tariff rules

U.S. corrects NAFTA tariff rules

   President Barack Obama signed a proclamation Wednesday modifying rules of origin under the North American Free Trade Agreement to conform to the International Convention on Harmonized Commodity Description and Coding System.

   The United States adjusted its Harmonized Tariff Schedule in 2006 to meet the international requirements, but certain modifications were inadvertently omitted from the presidential order at the time. The new proclamation instructs the U.S. International Trade Commission to make the necessary changes to the NAFTA rules.

   The U.S. Harmonized Tariff Schedule modifications are available here.