WRITE 160 WORDS FOR YOUR RESPONSE: USING INFORMATION BELOW AND YOUR THOUGHTS TO ANSWER THIS QUESTION discuss what and how the USMCA impacts FedFex" USMCA makes North American trade easier and addresses recent and emerging critical issues, including compliance of regulatory systems, e-commerce and the protection of intellectual property. When it comes to day-to- day shipping for FedEx customers, USMCA offers several advantages over NAFTA: The de minimis, or duty and tax exemption threshold, increases for imports into Canada and Mexico, potentially reducing overall shipping costs. Value limits increase, reducing the amount of documentation necessary Volumes of full clearance decrease, lowering costs and increasing efficiencies Quicker clearance for more shipments will result in higher customer satisfaction Maintaining higher integrated North American supply chains will continue to benefit all three economies and make them more competitive around the world. USMCA rules and benefits also apply to U.S. businesses that are Canadian non-resident importers Data elements The new USMCA Certification of Origin is a set of 9 mandatory data elements and a statement. This information may be provided on any existing shipping document (e.g., commercial invoice) or on a separate stand-alone document, not in any particular order. They include two new elements. 1. Indicate the certifier (importer, exporter, or producer) NEW 2. Certifier name, title, address (including country) and contact information NEW 3. Exporter name, address and contact information (add if different from certifier) 4. Producer name, address and contact information (add if different from certifier) 5. Importer name, address and contact information (add if different from certifier) 6. Description of goods 7. HS tariff classification number 8. Origin criterion 9. Blanket period (date range up to 12 months) Must be signed and dated by the authorized certifier and include the certification statement, when required