NAFTA expiration

[J!m]

I got ythis note from FedEx today; I imagine it applies to all the shipping companies. You may decide to order things from other parts of the world for the next few months.

FedEx Regulatory News​

Be prepared for July 1 when NAFTA expires​

We’re reaching out to remind you that effective July 1, 2020, the United States, Mexico, Canada agreement begins (USMCA). NAFTA remains in place until June 30, 2020. This will be a hard transition date. Shipments that arrive in the US, Mexico, or Canada on July 1 will follow USMCA rules.

What does this mean for me?
If you’re shipping between these countries, USMCA may require new data elements. Learn what is required to make sure your shipments clear customs, receive correct duty treatment, and have the certification documents.

Where can I find out more?
Read the full article online in our Regulatory Alerts section. Also visit fedex.com/usmca for more information about the new agreement rules, new requirements to certify the origin of the goods, required Certification of Origin document options and new value thresholds.

Thanks again for choosing FedEx.​

 

[Bob Boyer]

That could make doing business with Innovative Audio a little more interesting. I suspect, like most things, we'll endure an adjustment period and after that, we'll deal with the differences as routine. And bitch a little if there's more paperwork involved.

 

[J!m]

Always paperwork...

I don’t know the implications otherwise, but I suspect FedEx has some overpaid executive sitting in on meetings at high levels on this while he’s sexting...

So in a round about way, it will probably slow things.

Or, it’s another “fuel surcharge” that spiked up shipping cost and was conveniently forgotten when prices dropped to $2 a gallon from $6.