On January 29, 2020, President Trump signed the U.S.-Mexico-Canada Agreemen
t (USMCA) into law, with key commitments impacting the personal care products sector.
The 2,082-page pact, which updates the 26-year-old North American Free Trade Agreement (NAFTA), comes after more than two years of negotiations, and was overwhelmingly ratified by the U.S. Senate on January 16, 2020.
Significantly, the USMCA contains a new Cosmetic Products Annex, which promotes greater regulatory compatibility and shared best regulatory practices in the personal care products sector.
Continue reading “Personal Care Products Sector Gets Boost From New North American Trade Deal”