[Weekly News Roundup] Consequences of NAFTA, Deconstructing ’Free Shipping’ & Analyzing Japan’s Tech Sanctions

Host Annik is joined by Andy and Lalo, in an riveting episode of Simply Trade podcast, where they unravel the intricacies of NAFTA and its hidden compliance complexities, debunks the reality of so-called free shipping offers by retailers, and delve into Japan's recent sanction on AI Chip making equipment.

• The Continuing Importance of NAFTA Compliance:

  • Despite the transition to USMCA, businesses must still prove NAFTA compliance up to five years after the claim.

  • With Mexico's tax authority, SAT (Servicio de Administración Tributaria), conducting audits, companies must ensure proper duties and taxes have been collected.

• The Real Cost of Free Shipping:

  • As shipping costs rise, retailers are increasing the minimum order amounts to qualify for free shipping.

  • These pricing adjustments are ways for retailers to balance their increased costs and maintain their profit margins.

• Japan's Sanction on AI Chip Making Equipment:

  • Japan has imposed stringent sanctions on the export of AI chip-making equipment to certain countries.

  • This action could potentially create ripple effects in the global tech industry, affecting businesses and consumers.

Unearth hidden insights into NAFTA compliance, the reality of free shipping, and the impact of Japan's AI chip-making equipment sanctions in this informative episode of Simply Trade podcast! Join Annik, Andy, and Lalo as they share their expert knowledge and experience.

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Enjoy the show.

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

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