Do you find yourself randomly classifying products… when you are not at work? Does the reason why you jump out of bed every morning have anything to do with validating your supply chain to insure trade compliance? Did you sit in your favorite chair wit
Uncover the pioneering journey of Ron and Jolie Lackey, who transformed trade data collection from manual paperwork to global digital solutions. Their daughter Madison shares her unique perspective on the industry's transformation and the emerging challenges faced by young trade professionals. A compelling narrative of innovation, perseverance, and the changing landscape of global trade that bridges generations of expertise. Guests: Joely Callaway-Lackey: https://www.linkedin.com/in/joely-callaway-lackey-98495a2/ Madison Lackey: https://www.linkedin.com/in/madison-lackey-6685601b7/ Ron Lackey: https://www.linkedin.com/in/lackey/ Main Topics: 1. Origins of Customs Info - Founding story by Ron and Jolie Lackey - Early challenges of collecting global trade data - Transition from manual to digital trade information 2. Family Dynamics in Business - Working together as a married couple - Balancing family life with entrepreneurial pursuits - Mentoring the next generation in trade compliance 3. Trade Compliance Evolution - Technological changes in data collection - Rise of AI and automation in trade classification - Importance of human expertise alongside technological tools 4. Career Development in Trade - Madison Lackey's entry into the trade profession - Networking strategies for young professionals - Importance of continuous learning and adaptability 5. Future of Trade Compliance - Role of AI in classification and data management - Challenges of maintaining accuracy - Generational knowledge transfer in the industry In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Ryan Manucha, author of "Booze, Cigarettes, and Constitutional Dust-Ups" reveals how provincial regulations and trade barriers are costing the Canadian economy billions. Learn about groundbreaking reforms, labor mobility challenges, and the innovative strategies provinces are using to break down interprovincial trade obstacles. Discover why traders, policymakers, and business leaders can't afford to ignore these critical economic insights. Experts featured: Warrington Ellacott: https://www.linkedin.com/in/warringtonellacott/ Ryan Manucha: https://www.linkedin.com/in/ryan-manucha-a914a7a1/ Main Topics: $200 billion annual cost to Canadian GDP Provincial vs. federal trade regulations Case Study: Alcohol Trade Restrictions Comparative International Approaches Australia's mutual recognition model European trade standardization US vs. Canadian trade barrier approaches Bill C-5 overview Potential for regulatory harmonization In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Let's start the week with the latest CARM trade system complexities with industry expert Kim Campbell. Discover how new import regulations are reshaping cross-border shipping, challenging small businesses, and creating unexpected barriers between the US and Canada. Learn about critical challenges in customs documentation, payment processes, and the potential solutions emerging from government discussions. Whether you're an importer, small business owner, or trade professional, this insider update reveals the critical changes transforming international trade dynamics. Uncover the hidden impacts on supply chains, shipping strategies, and cross-border commerce that could make or break your business in 2025> Credits: Kim Campbell: https://www.linkedin.com/in/kim-campbell-ca/ Host: Annik Sobing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/ Main Points/Takeaways: 1. CARM System Status - Initial implementation was chaotic - Entries and accounting now more stable - Significant changes to customs broker roles 2. Key Challenges - Difficult portal registration - Backlogged help desk (weeks/months to respond) - Complex payment and calculation processes - Mandatory electronic communication requirements 3. Border Impact - Shipments being turned back or stuck in warehouses - Small and medium enterprises most affected - Bond requirements creating major logistical barriers 4. Proposed Solutions - Extend grace period for RPP (Release Prior to Payment) - Allow customs brokers to clear smaller importers - Simplify credit card payment options - Create exceptions for low-volume importers 5. US-Canada Trade Relationship - Ongoing negotiations with potential agreement by July 21 - Continued resolve from Canadian consumers to support domestic products - Potential retaliation on steel and aluminum tariffs 6. Immediate Recommendations - Work with customs brokers - Understand new portal requirements - Prepare for potential system changes - Stay informed about evolving trade regulations In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Welcome back Jeremy Page, renowned trade attorney and partner at Page Fura Law Firm, a leading expert in international trade compliance. With decades of experience navigating the complex world of global trade regulations, Jeremy brings unparalleled insights into tariff strategies, customs enforcement, and supply chain challenges. In this must-watch episode, Jeremy dissects the latest trade remedies, from Section 301 tariffs to reciprocal trade policies, revealing how these regulations impact businesses and consumers alike. Whether you're an import-export professional, small business owner, or simply curious about how global trade affects everyday prices, Jeremy breaks down complex trade policies into digestible, actionable insights. "These companies were barely absorbing 25% tariffs. They operate on very small margins. Steel, aluminum at 50% - I mean, they were barely absorbent if that ... they don't have market leverage, and they don't have the built-in capital to either absorb these costs or bring production back here. There should be a floor below which these tariffs don't apply for certain types of companies, because smaller companies are always the growth industry." - Jeremy Page The current complex and rapidly changing trade environment, businesses must: Involve trade compliance experts early in strategic planning Build a multi-functional, educated team that understands trade complexities Be cautious of quick "creative" solutions that might lead to compliance risks Stay informed about nuanced regulatory changes Recognize that compliance is no longer just a cost center, but a strategic business function Contact Jeremy: website - https://pagefura.com/ LinkedIn - https://www.linkedin.com/in/jeremy-page-40b4aa6/ In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Welcome to another Roundup, today, Annik meets international trade consultant Bonnie Gutz to explore the European Union's unique approach to global trade challenges. As international tensions reshape commerce, this conversation provides an unprecedented look into the EU's strategic trade responses. Key Insights: EU Trade Strategy Decoded Proactive trade diversion monitoring Cutting-edge AI-powered trade surveillance Collaborative business decision-making process Sustainability-driven trade policies Regulatory Landscape Breakdown Risk-mitigating trade approaches Comprehensive regulatory framework Balancing industry protection and innovation Strong commitment to ESG principles Global Trade Positioning Explained Active WTO engagement Strategic free trade agreement expansions Nuanced response to US-China trade tensions Development of indigenous trade technologies
Import fraud isn't just a financial slap on the wrist anymore; it's a potential federal crime. In this Simply Trade Episode, we get into the latest Department of Justice enforcement strategies with trade law expert EJ Thomas, who reveals how companies can navigate complex import regulations, avoid criminal prosecution, and protect their bottom line from devastating penalties. Learn insider strategies for compliance, understand emerging trade risks, and discover why proactive documentation could be your best defense in today's high-stakes global trade landscape. Key Topics Covered: Department of Justice's Criminal Enforcement Priorities Customs Fraud and Tariff Evasion Risks USMCA Compliance Challenges Tariff Engineering and Legal Strategies Key Insights: Criminal penalties for import fraud now range from 2-20 years in prison Proactive compliance is crucial to avoid potential investigations Companies must develop comprehensive written import procedures Customs can investigate entries up to 5 years after initial clearance
Attention importers and exporters! The trade landscape just got more complex with a shocking 50% tariff increase on steel and aluminum. Are you prepared? We sit down with trade expert George Tuttle to break down the latest steel and aluminum tariff changes that are sending shockwaves through the international trade community. Key Highlights: Tariff Explosion: From 25% to 50% Applies to most countries (except UK and Russia) Impacts steel, aluminum, and derivative products Requires immediate attention from importers and exporters Critical Compliance Challenges New documentation requirements (Melt and Pour certificates) Complex derivative product classifications Potential for significant financial impact Legal Landscape Multiple court cases challenging tariff implementation Potential Supreme Court review Uncertainty in trade regulations Expert Insights from George Tuttle: "Companies need to develop a systematic approach to understanding these new tariffs. It's not just about doubling the rate – it's about understanding the intricate classification and application rules." Connect with George: website: https://www.tuttlelaw.com/ email: geo@tuttlelaw.com Actionable Takeaways: Review CBP messages 6523 6645, 6523 6374, and 6523 6574 Analyze product lists against new tariff annexes Develop robust value calculation methods for steel and aluminum content Stay ahead of the curve! Subscribe to Simply Trade and never miss crucial trade updates that could impact your business. In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
We spoke with Ryan Bennett and Trang from Fluke and Fortive to understand how recent tariff changes are affecting their companies. They explained that the pace of these changes is extremely fast, creating a sense of crisis for their businesses. Because tariffs can be announced and implemented with little warning, companies are left scrambling to respond, often without clear guidance on what will happen next. This uncertainty makes it difficult to plan for the future, invest in new projects, or make decisions about supply chains and pricing. Learn what their found opportunities are. Connect with the experts Ryan Bennett: https://www.linkedin.com/in/ryanmbennett/ Trang Pham: https://www.linkedin.com/in/trangdpham/ Main Points/Takeaways: 1. Rapid Pace of Change - The last four months have felt like years in the trade world - Unprecedented speed of tariff and trade policy changes - Constant need for real-time adaptation 2. Cross-Functional Communication - Daily leadership meetings are crucial - Breaking down silos between departments (sales, procurement, engineering, trade compliance) - Holistic approach to understanding trade impacts 3. Resilience and Opportunity - Don't just react, create durable long-term strategies - Use challenges as opportunities to improve business processes - Focus on sustainable supply chain improvements Key Insights/Quotes: "Don't let a crisis go to waste" - Ryan Bennett "The C-suite is probably the most interested in learning about trade nuances than ever before" - Trang Pham Critical Takeaway: Trade compliance is no longer just paperwork - it's a strategic business partner driving resilience and innovation during global economic uncertainties. Description Format Example 1 – Full Episode Videos In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
The recent court rulings on Trump-era tariffs could dramatically change your international trade strategy. Are you prepared for the latest legal twists? In this explosive episode of Simply Trade, host Lalo sits down with trade law expert Jason Kenner to unpack the complex legal challenges surrounding the Trump administration's controversial tariff policies. Dive into the intricate world of international trade law, constitutional challenges, and what these recent court decisions mean for businesses importing goods into the United States. Contact Jason: Email: jkenner@strtrade.com Website: https://www.strtrade.com/professionals/jason-kenner Key Highlights: Comprehensive Timeline of Tariff Developments - April 2: Initial universal tariff announcement - April 9: USMCA exemption clarifications - May 28: Landmark court ruling blocking most Trump-era tariffs Legal Insights: Court of International Trade (CIT) ruled most tariffs unauthorized under IEEPA Constitutional challenges focus on Congress's exclusive tariff-setting power Potential Supreme Court showdown looms Critical Takeaways for Importers: Current status: Temporary stay on tariffs in place Recommended actions: 1. Monitor liquidation processes 2. Prepare for potential refund opportunities 3. Consult trade law experts Expert Quote: "What we can't deal with is uncertainty. These orders and appeals are just throwing more uncertainty into the system." - Jason Kenner In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Join Andy as he sits down with Martin Palmer and Martyn Noble from Hurricane Commerce to unpack the complex world of international trade. These seasoned logistics experts dive deep into US-EU trade relations, e-commerce challenges, and the critical importance of data accuracy in global shipping. Discover insider insights on navigating tariffs, compliance, and emerging market trends that can make or break your cross-border business strategy. Guests Contact Information: Martin Palmer LinkedIn: https://www.linkedin.com/in/martin-palmer-2399386 Company: Hurricane Commerce https://hurricanecommerce.com/contact-us/ Martyn Noble LinkedIn: https://www.linkedin.com/in/martyn-noble-1b36951 Company: Hurricane Commerce https://hurricanecommerce.com/contact-us/ Key Topics Discussed: - Impact of Trump administration on trade regulations - Compliance challenges for small and medium businesses - Data Accuracy in Cross-Border Trade - Emerging markets and entrepreneurial trade possibilities In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Trade expert Renee Chuichiarelli warns: While you're obsessing over tariffs, CBP is crushing companies with forced labor crackdowns! 51 active withhold release orders and detainments skyrocketing - are YOU prepared? Ignore this at your own risk!
Industry leaders Gabrielle Griffith, a renowned trade compliance strategist, and Justin Sherlock, founder of innovative trade technology startup Caspian, unveil the transformative potential of intelligent frameworks in navigating today's complex global trade landscape. What You'll Learn: Gabrielle Griffith's three-legged operational framework (People, Process, Systems) Justin Sherlock's technological approach to duty optimization Practical strategies for leveraging AI in trade compliance Innovative methods for managing global trade challenges Spotlight on Expertise: Gabrielle Griffith: Director at BPE Global, trade compliance thought leader https://www.linkedin.com/in/ggriffith/ Justin Sherlock: Caspian CEO & co-founder, specializing in duty drawback and trade tech solutions https://www.linkedin.com/in/justin-sherlock/ Perfect for: International trade professionals Supply chain managers Customs compliance specialists Technology innovators Business leaders in global commerce Transform your approach to global trade with cutting-edge strategies from industry experts Gabrielle Griffith and Justin Sherlock. Embrace innovation, mitigate risks, and unlock new opportunities in international commerce. In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Are you drowning in customs documentation? Today we welcome Jack Moberger and Ned Cartmell from DocUnlock—two tech innovators transforming how global trade professionals handle mind-numbing paperwork. Key Insights for Importers, Exporters, and Logistics Professionals: - How AI is revolutionizing customs entry writing - Reducing manual errors in international shipping documentation - Turning tedious data entry into strategic customer relationships
Don't fall for the two-invoice trap. On today's news episode, we've invited Molly Sitkowski to break down the complex US-China trade landscape, offering critical insights for businesses navigating the treacherous waters of international import regulations. Key Discussion Points: - US-China 90-Day Trade Deal Breakdown - Tariff Calculation Complexities (Spoiler: It's more than just percentages) - Substantial Transformation Test Explained - Avoiding Costly Compliance Mistakes Connect with Mollie Sitkowski: LinkedIn: https://www.linkedin.com/in/molliesitkowski/ Website: https://www.faegredrinker.com/en/services/services? Critical Takeaways: 1. Tariff Landscape: - Current tariff rates potentially reaching 55-70% on Chinese imports - Predicted future rates around 20-34% - Potential long-term impact on manufacturing and supply chains 2. Compliance Red Flags: - Beware of two-invoice strategies - Understand substantial transformation rules - Verify supplier origin declarations Expert Quotes: "Customs can basically use whatever they want to determine origin" - Molly Sitkowski Actionable Strategies: - Check USMCA exemptions - Communicate transparently with suppliers - Understand complex tariff classification rules Value Proposition: This episode is an essential listen for: - Small business owners - Import/export professionals - Supply chain managers - Trade compliance specialists In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
With everchanging trade policies around the world, it is more important than ever to write strong tariff protections in your contracts for both you and your trade partners. Marina Mekheil from Schultz Trade Law reveals the essential strategies for protecting your business in an increasingly complex global trade landscape. With tariffs and enforcement actions threatening business operations, understanding contract nuances has never been more important. "Your contracts have teeth... it's not ugly to write contract terms that are clear." - Marina Mekheil Connect with Marina: website: https://www.schulztradelaw.com/our-team/marina-mekheil LinkedIn: https://www.linkedin.com/in/marina-mekheil-84aa85b1/ Main Takeaways: Contract Clarity is King Always have written agreements, not just verbal understandings Include explicit terms about duty payments, customs clearance, and tariff responsibilities Create flexibility with renegotiation clauses Protect Your Business Include arbitration clauses Add indemnification agreements Require transparency on HTS codes and tariff calculations Consider test contracts with new trading partners Proactive Compliance Strategies Involve multiple departments in trade compliance Understand the implications of Incoterms beyond surface-level interpretations Be prepared for rapid regulatory changes In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Annik and trade expert Chris Scalisi cover the rapidly evolving landscape of international trade, revealing critical insights that could make or break your business strategy in 2025. Episode Highlights:
One does not simply start a trade compliance program... In this week's episode of Simply Trade, we're joined by Ellen Smith, CEO and founder of Amalie Trade Compliance Consulting LLC. Ellen shares her personal journey into the world of international trade and offers practical insights on: ✅ What trade compliance programs are ✅ Why companies need them ✅ How to build and maintain a successful compliance strategy Whether you're new to trade or a seasoned professional, this episode is packed with tips that can help you avoid costly mistakes and create systems that actually work.
We welcome back trade experts Will Pellerin and Tayler Farrell from McMillan unveil the critical shifts in Canada's international trade strategy following the recent election of Prime Minister Mark Carney. With escalating US tariffs, complex global trade tensions, and a rapidly changing economic landscape, Canadian businesses are facing unprecedented challenges and opportunities in international markets. Key Trade Insights: US-Canada Trade Dynamics - USMCA agreement under intense scrutiny - Potential wholesale renegotiation of trade terms - Strategic approach to managing US tariff pressures - Critical focus on maintaining and developing business relationships Trade Diversification Strategy - Exploring new international partnerships - Reducing interprovincial trade barriers - Targeting markets beyond traditional US relationships - Leveraging immigration networks for market expansion Tariff Navigation Tactics - Understanding complex tariff classifications - Utilizing remission orders and customs exceptions - Developing scenario planning for multinational businesses - Adapting to rapidly changing trade regulations Expert Quotes That Matter: "We're very close to the bottom right now. Things can only look up." - Will Pellerin Connect with Will: https://mcmillan.ca/people/william-pellerin/ "Trade diversification means exploring new partners, reducing interprovincial barriers, and cutting regulatory burden." - Tayler Farrell Connect with Tayler: https://mcmillan.ca/people/tayler-farrell/ Connect with Warrington: https://www.linkedin.com/in/warringtonellacott/ Don't Miss: The Canadian Association of Importers and Exporters' Annual Trade Summit in November, focusing on actionable trade diversification strategies! https://www.iecanada.com/fall-summit In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Are you drowning in the complex world of international trade regulations? Buckle up for an eye-opening journey through the latest trade policy twists that are turning the importing and exporting landscape upside down! Episode Overview: In this explosive episode of Simply Trade News, host Annik sits down with trade expert Lenny Feldman to unpack the latest developments in international trade, including de minimis changes, stacking tariffs, and the shifting global trade landscape. Key Insights
Milestone Alert: Simply Trade Celebrates 300 Episodes of Trade Compliance Wisdom In this extraordinary episode, Simply Trade professionals from across the industry come together to share their journeys, challenges, and insights into the complex world of international trade. Key Highlights: -
Welcome Back Trade Professionals, to another Simply Trade News Round Up! Today's hot topic: De Minimis. On May 2nd, De Minimis will no longer apply to goods imported from china and hong kong. We've invited E-commerce Expert, Marianne Rowden to break down the complexities of what it means for customs, international trade, and YOU -- the consumer. Main Points/Takeaways: E-commerce and De Minimis Overview: - E-commerce represents the "democratization of global trade" - De minimis allows low-value shipments to enter countries with reduced customs processing - Historical threshold progression: $1 (1930s) → $5 → $200 → $800 (2016) Key Changes and Implications: - As of May 2, significant changes to de minimis rules are happening - China's low-cost shipments through de minimis will be significantly impacted - CBP currently processes 4 million de minimis shipments daily (up from 1 million in 2018) Standout Insights: - E-commerce flipped traditional trade model by allowing buyers to find sellers easily - Trade's biggest barrier is complexity of importing/exporting - COVID-19 dramatically accelerated e-commerce adoption Notable Quote: "E-commerce represented the democratization of global trade. It allowed small and medium sized companies to sell their products around the world." - Marianne Rowden Strategic Considerations: - Businesses need to understand evolving cross-border shipping regulations - Cost-benefit analysis of customs processing is needed - Postal and direct-to-consumer shipping channels are changing Potential Future Actions: - CBP likely to issue interim final rule in June/July - More scrutiny on international low-value shipments expected #Ecommerce #GlobalTrade #DeMinimis #TradePolicy #InternationalBusiness #CBP #OnlineShopping Connect with our Expert: Marianne Rowden LinkedIn: https://www.linkedin.com/in/marianne-rowden-43456110/ Website: https://www.emtc.org/ Other Articles/Sources Mentioned: Join EMTC's Open Forum on Tariffs In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!
Navigating the Complex World of International Trade and Entrepreneurial Success What does it take to transform a government inspection job into a thriving international trade empire? Howard Berman's journey reveals insights of global commerce survival! In this explosive episode of Simply Trade, we explore the world of international trade with Howard Berman, a veteran who turned his USDA inspector experience into a multi-million dollar business. Listeners will get an unfiltered look at the challenges, triumphs, and insider strategies of building a successful trade enterprise. Key Learning Points: Government to Entrepreneurship Transitioning from USDA inspector to business owner Overcoming bureaucratic challenges Building a customs brokerage from scratch Trade Compliance Insights Navigating complex import/export regulations Dealing with multiple government agencies Importance of client and staff relationships Business Growth Strategies Expanding services (fumigation to customs brokerage) Managing risk in international trade Importance of adaptability and innovation Howard Berman Key Takeaways: Understand the importance of relationships in trade Be prepared to adapt to changing regulations Family support is crucial in entrepreneurial success Always be willing to do the hard work Value Proposition: This episode is a masterclass for: Aspiring international trade professionals Entrepreneurs looking to expand globally Compliance officers Small business owners in import/export Recommended Resources: Check out these courses we offer here at GTC!
What happens when tariffs threaten to shut down cross-border trade? Join us for an insider's look at the real-world impact of international trade policies! Host Annik dives deep into the complex world of international trade with David Reyes Arteaga, a customs broker expert who reveals the intricate challenges facing importers and exporters in today's volatile global market. Key Insights: 1. Tariff Tsunami
Tariffs are changing faster than you can say "global supply chain" - are you prepared to protect your business? Episode Overview: Trade compliance expert Eric Hargraves breaks down the complex world of international trade regulations, offering critical insights for businesses navigating the turbulent waters of global commerce. Key Takeaways:
What if your next import could make or break your business in today's unpredictable trade landscape?
Renee Chiuchiarelli and Julie Parks, trade industry veterans with nearly 30 years of experience, discuss the importance of professional networking in global trade. Key Insights: Networking is critical for staying current in the trade industry No single professional knows everything Do not discount small group discussions as they bring lots of value Top Networking Strategies: Use LinkedIn to connect with local professionals Attend industry association events Be prepared to both share and receive information Join professional communities Quick Tips: "FIO" - Figure It Out: Make a professional connection today Leverage local and online trade networks Engage in two-way knowledge exchange Guest Experts: Renee Chiuchiarelli: Global Training Center trade expert - https://www.linkedin.com/in/renee-chiuchiarelli-lcb-ccs-8964a19/ Julie Parks: Trade industry specialist - https://www.linkedin.com/in/julie-ann-parks/ Call to Action: Reach out to a trade professional, expand your network by joining the TRADE GEEKS community here: https://globaltrainingcenter.com/trade-geeks/ Head over to the TRADE PROMPT section of the community to let us know how you took action to network. Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact: SimplyTrade@GlobalTrainingCenter.com Credits: Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/ Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
Imagine cutting your product classification time by 90% while increasing accuracy to near-perfection - that can be possible with AI-powered trade compliance. In this episode of Simply Trade, hosts Lalo and Andy talk with with Hal Berman and John Petitte, co-founders of Trade Insight AI, to explore how artificial intelligence is helping international trade classification and compliance. Trade Insight AI - Contact Information Founders: Hal Berman: https://www.linkedin.com/in/hal-berman-ba3ab322/ John Petitte: https://www.linkedin.com/in/johnpetitte/ Company Contact: Website: https://www.tradeinsightai.com/ Key Insights: 1. The AI Classification Game-Changer - Trade Insight AI can complete 50 classifications in the time it traditionally takes to do 5 - 100% accuracy demonstrated during live ICPA conference demo - Ability to handle complex classifications including: * Apparel * Chemical products * Composite goods * Multilingual product descriptions 2. Critical Classification Challenges - Tariff changes are creating unprecedented compliance pressures - Misclassification can lead to: * Significant financial penalties * Duty drawback complications * Potential business disruptions 3. AI's Unique Classification Capabilities - Can fill information gaps automatically - Analyzes explanatory notes in seconds - Uses image recognition to determine material composition - Provides step-by-step classification logic Standout Quotes: "We want to have the best classification system on the planet." - John Petitte "The AI started showing me that I was wrong" - Hal Berman Actionable Takeaways: - Executives should evaluate AI tools that solve specific workflow challenges - Proper classification is critical for avoiding costly trade compliance errors - Technology can dramatically improve classification accuracy and efficiency Still Have Questions? Access Exclusive Resources Here ⏬ Recommended Resources: Global Training Center Courses https://globaltrainingcenter.com/courses/ International Trade Compliance Webinars https://globaltrainingcenter.com/webinars/ Customs Broker Prep https://globaltrainingcenter.com/customs-broker-prep-course/ Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact: SimplyTrade@GlobalTrainingCenter.com Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/ Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
Trade Professionals: Are you feeling a sense of déjà vu? Once again, a new month brings yet another tariff update, transforming your carefully planned supply chain strategy into a precarious game of regulatory Jenga. With stress levels running high, it's almost tempting to classify "tariff interpretation" as an endurance sport. Recorded on April 3rd, this episode offers essential insights into the latest trade policy changes impacting importers and exporters. Stay informed and prepared as we navigate these evolving regulations together. Featured Experts: Cindy Allen: https://www.linkedin.com/in/cindy-allen-a3188210 Heather Litman: https://www.gdlsk.com/people/litman-heather/ Disclaimer: ⚠️ IMPORTANT: Trade regulations are rapidly evolving. The information in this podcast was accurate as of April 3rd, 2025, but may have changed. Always consult current official sources and trade professionals for the most up-to-date guidance. Key Takeaways: 1. Tariff Stacking Explained - New Reciprocal Tariffs (RT) and Original IEEPA tariffs will stack - Potential duty rates for China could reach up to 54% - Different calculation methods for various trade scenarios 2. Critical Compliance Strategies - Know your supply chain thoroughly - Understand country-specific tariff implications - Prepare for increased enforcement and scrutiny 3. De Minimis Changes - Elimination of de minimis for China and Hong Kong starting May 2nd - Postal carriers now required to pay duties - Over 75% of current de minimis shipments affected Expert Quotes: "This is not a time to play games. This is a time to really be trying to be compliant." - Heather Lipman "Focus on what you can control: know your supply chain, understand your products, and stay educated." - Cindy Allen Actionable Advice: - Sign up for Customs Service Messaging (CSMs) - Consult trade experts, brokers, or lawyers - Review your import history in ACE system - Consider specialized trade training Still Have Questions? Access Exclusive Resources Here ⏬ Recommended Resources: Global Training Center Courses https://globaltrainingcenter.com/courses/ International Trade Compliance Webinars https://globaltrainingcenter.com/webinars/ Customs Broker Prep https://globaltrainingcenter.com/customs-broker-prep-course/ Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact: SimplyTrade@GlobalTrainingCenter.com Credits: Host: Annik Sobbing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
What happens when global trade rules change overnight? In this explosive episode, trade experts reveal the seismic shifts in international commerce that could reshape your business strategy! Context: Recorded on April 3rd, featuring Sean Stephenson, Trade Sanctions Counsel at Dentons, this episode unpacks recent US trade policy developments that will send shockwaves through global supply chains. Key Takeaways:
Episode Overview: In this episode of our podcast, we sit down with Maggie Barnett, the brains behind LVK's logistical solutions, to explore how mid-market apparel companies can not only survive but thrive amidst the complexities of global trade and competition. As we navigate through inventory management, international tariffs, and understanding Harmonized Tariff Schedule (HTS) codes, Maggie provides strategies that are setting new standards in the logistics industry. What You'll Learn: Hybrid Logistics Models: Discover how LVK is revolutionizing the apparel industry by blending the immediate availability of in-stock items with the efficiency of on-demand manufacturing, allowing companies to maintain competitiveness against global giants. Smart Inventory Practices: Uncover smart bundling and shipping practices that are not just cost-effective but are reshaping the way companies think about inventory and fulfillment. Navigating Tariffs and Duties: Dive into the critical importance of understanding HTS codes, and how staying ahead of additional duties and fluctuating tariffs can save your company from unnecessary financial burdens. Data-Driven Strategies: Learn about the ongoing commitment to client engagement through performance reviews, trend analyses, and the transformative impact of making informed, data-driven decisions in the logistics sector. A Message of Resilience: Amidst the constantly changing landscape of international trade, this episode stands encouragement for businesses striving to adapt and excel in challenging environments. Enjoy the show! Find us on YouTube: https://www.youtube.com/@SimplyTradePod Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano:https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod Maggie Barnett - https://www.linkedin.com/in/maggiembarnett/ LVK - https://lvk.com/ ShipHero - https://shiphero.com/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
Are Hidden Tariff Refunds Sitting in Your Company's Blind Spot? In this explosive episode of Simply Trade, host Annik and duty drawback expert Ariana Cox reveal a game-changing strategy that could save your business significant money amid escalating global trade tensions. With Trump's new 25% automobile tariffs and increasing trade fragmentation, businesses are searching for financial lifelines. Enter duty drawback - a powerful yet often overlooked mechanism for recovering import duties, taxes, and fees.
In a world where international trade rules change faster than you can say "tariff," how do successful companies navigate the treacherous waters of global commerce? Join us for an explosive conversation with Steve Johnsen, a veteran trade compliance expert, as he reveals the insider strategies for surviving and thriving in today's unpredictable global trade landscape.
Right now, international trade feels like a chess game frozen in time - everyone's watching, waiting, and strategically positioning themselves before critical policy changes hit. While the surface appears calm, behind the scenes, trade experts like Grant Sernick know these seemingly quiet moments are actually charged with potential, as negotiations simmer and businesses prepare for potential policy shifts that could rewrite the rules of international exchange.
What if the secrets to mastering global trade were hidden in one conference? Buckle up for an insider's journey through the most critical insights in international compliance! Join us for an electrifying breakdown of the ICPA 2025 Conference, where trade compliance experts reveal the strategies, challenges, and future of global commerce. Key Takeaways: Cutting-edge insights from top trade compliance professionals The future of technology in global trade Critical career development strategies Why patience is your most valuable business asset Conference Highlights: Technology Transformation in Trade 65% of trade tech focused on data cleaning AI's role in compliance (spoiler: humans still essential!) Emerging technologies reshaping global commerce Industry Demographics Revealed 50% of trade brokers over 50 years old Massive opportunity for young professionals Critical need for new talent in trade compliance Expert Insights from Industry Leaders Pete Mento's economic outlook Bonnie Kirsch's corporate strategy masterclass Navigating complex global trade landscapes Actionable Strategies: Invest in continuous learning Understand emerging trade technologies Build robust compliance frameworks Develop patience as a strategic skill This episode is your ultimate guide to understanding the complex world of international trade compliance, offering unprecedented insights from industry leaders. Contact Michelle: https://www.evolve-trade.com/our-team https://www.linkedin.com/in/michellefrennier/ Still Have Questions? Access Exclusive Resources Here ⏬ Recommended Resources: Global Training Center Courses https://globaltrainingcenter.com/courses/ International Trade Compliance Webinars https://globaltrainingcenter.com/webinars/ Customs Broker Prep https://globaltrainingcenter.com/customs-broker-prep-course/ Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact: SimplyTrade@GlobalTrainingCenter.com Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
Trade Expert Ilja Kogan unpacks the dramatic Harley Davidson tariff saga!
We welcome back Steve Ferreira to the show with an explosive TPM 25 recap!
Is USMCA your trade superhero or just another bureaucratic sidekick? Join JD Gonzalez and Brian Barber as they dive deep into the wild world of USMCA tariffs that's got importers playing a high-stakes game of regulatory roulette! ⏰ Our Guests: JD Gonzalez: https://www.linkedin.com/in/jd-jose-gonzalez-7132111/ Brian Barber: https://www.linkedin.com/in/bebarber Episode Roadmap:
What if the next global trade policy shift could be your company's biggest competitive advantage? In this episode, we sit down with trade compliance expert Bethany Seymour, and dive deep into transforming global trade challenges into strategic opportunities. Learn how top professionals navigate complex international trade landscapes, turning potential disruptions into competitive advantages. Expert Insights: "Trade compliance is the only department that touches every single company function in a single day." - Bethany Seymour Actionable Strategies: Create monthly internal trade intelligence newsletters Develop a "back-pocket" briefing for executives Establish cross-functional communication channels Continuously educate team on emerging trade dynamics Recommended Resources: Global Training Center courses https://globaltrainingcenter.com/courses/ International trade compliance webinarshttps://globaltrainingcenter.com/webinars/ Customs broker certification programshttps://globaltrainingcenter.com/customs-broker-prep-course/ Subscribe, rate, and share Simply Trade podcast - your gateway to mastering global trade dynamics! #InternationalTrade #TradeCompliance #GlobalBusiness #SupplyChainStrategy Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1 - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
Here's Tariffs!
Trade compliance expert Kyle Grobler breaks down how these changes will impact global businesses, supply chains, and international trade strategies. Learn critical insights to protect your company's bottom line in this must-watch trade update. Main Takeaways: 25% tariffs on steel, aluminum, and EU goods Potential impact on global supply chains Strategies for trade compliance EU-US trade tensions escalating #TradeTips #GlobalTrade #TradeCompliance #InternationalBusiness #TrumpTariffs Connect with EU trade expert Kyle Grobler: https://ie.linkedin.com/in/kylegrobler Stay ahead of the game, get the credits you need and education you deserve: https://globaltrainingcenter.com/courses/ Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1 - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host: Annik Sobbing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
In this episode, we dive deep into the challenges and opportunities facing companies operating between the US and Mexico. Introduction: The trade industry has been in a state of flux, with one month feeling like a year as policies shift and evolve. In this episode, we welcome Alberto Villareal, a binational firm leader fro Nepanoa helping businesses in the US and Mexico, to provide insights and strategies for navigating the evolving landscape. Main Points/Takeaways: Main Points/Takeaways:
Brace yourself for the latest twists and turns in the US-Canada trade saga. In this eye-opening episode, trade experts dive deep into the executive orders, tariffs, and policy changes that are reshaping cross-border commerce. The relationship between the United States and Canada is a critical one for businesses on both sides of the border. With a flurry of recent executive orders and policy shifts, navigating the new trade landscape has become increasingly complex. Join us as we unpack the latest developments with seasoned trade professionals Jill Hurley and Will Pellerin, who provide invaluable insights and practical guidance for importers, exporters, and anyone involved in international trade. Expert Guests Featured: Warrington Ellacott - https://www.linkedin.com/in/warringtonellacott/ William Pellerin - https://www.linkedin.com/in/williampellerin/ Jill Hurley - https://www.linkedin.com/in/jillhurley/ Main Points/Takeaways: Understanding the Impact of Executive Orders Explore the key provisions of the "America First" trade policy and how it has set the stage for subsequent actions Analyze the impact of the 25% tariffs on Canada and Mexico, as well as the 10% tariffs on China Discuss the challenges posed by the lack of clarity around "derivatives" and the potential penalties for misclassification Navigating the Shifting Landscape Discover the importance of supply chain visibility and the need to model different tariff scenarios Learn about the Canadian government's remission process and how it can be leveraged to mitigate the impact of retaliatory tariffs Explore strategies for diversifying markets and finding alternative sales channels Legal and Contractual Considerations Understand the complexities of contract review and the need to assess liability, force majeure clauses, and renegotiation provisions Discuss the challenges of implementing a "reciprocal trade policy" and the potential impact on businesses Proactive Engagement and Advocacy Emphasize the importance of engaging with government trade officials, industry associations, and legal professionals Highlight the value of staying informed and advocating for business interests in the face of evolving trade policies In an era of heightened trade tensions, staying ahead of the curve is crucial for businesses navigating the US-Canada trade landscape. This episode provides a wealth of insights and practical guidance from seasoned trade experts, equipping listeners with the knowledge and strategies needed to adapt and thrive in the face of ongoing policy changes. Whether you're an importer, exporter, or simply interested in the dynamics of cross-border commerce, this episode is a must-listen for anyone seeking to navigate the shifting trade environment. Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1 - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
The world of global trade is in a state of flux, with the Trump administration's aggressive use of tariffs and trade policies creating uncertainty for businesses across industries. In this episode, we sit down with Bonnie Kersch, CEO of Magnolia Global Trade Solutions, to unpack the current landscape and explore strategies for companies to thrive in these turbulent times. Main Points/Takeaways: 1. Tariff Tug-of-War: Bonnie provides a comprehensive overview of the Trump administration's tariff actions, including the controversial deportation flight to Colombia and the subsequent retaliatory measures from trading partners. She emphasizes the need for businesses to stay proactive in understanding the ever-changing tariff landscape. 2. Navigating the Supply Chain Maze: Businesses must carefully analyze their supply chains and explore alternative sourcing options to mitigate the impact of tariffs. Bonnie discusses strategies such as near-shoring, duty mitigation, and leveraging free trade agreements. 3. Protecting the Consumer: Tariffs have the potential to significantly impact consumers, with Bonnie highlighting the potential for a 45% increase in the cost of goods imported from China. She emphasizes the need for businesses to carefully consider how to absorb or pass on these costs. 4. Lessons from History: Bonnie draws parallels between the current trade landscape and the Smoot-Hawley Tariff Act of the 1930s, which exacerbated the Great Depression. She underscores the importance of learning from history to avoid repeating past mistakes. 5. Innovative Solutions or Impractical Proposals? Bonnie provides a critical analysis of the proposal to abolish the IRS and replace income taxes with tariff revenue, highlighting the mathematical and practical challenges of such a plan. In these uncertain times, businesses in the international trade and import/export sectors must stay informed, agile, and proactive. By understanding the evolving tariff landscape, exploring creative supply chain strategies, and learning from historical precedents, companies can navigate the turbulent seas of global trade and position themselves for success. Bonnie's insights provide a valuable roadmap for businesses looking to thrive in this dynamic environment. Enjoy the show! Find us on YouTube: https://www.youtube.com/@SimplyTradePod Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show Resources: Bonnie Kersch: https://www.linkedin.com/in/bonnie-kersch/ Magnolia Global Trade Solutions: https://magnoliaglobaltrade.com/ Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
We're thrilled to welcome back renowned customs and trade expert Alan Bersin, former Commissioner of U.S. Customs and Border Protection. With the rapid changes in trade policies, tariffs, and global dynamics, Bersin's expertise is more valuable than ever. Main Points & Takeaways: 02:00 Bersin provides a candid assessment of the current "chaos" in trade, acknowledging the disruptive nature of the policy shifts, but also the sophistication of the CBP team tasked with implementation. 05:00 He delves into the nuances of the proposed CBP Commissioner nomination, discussing the balance between immigration and trade priorities, and the need for a holistic approach. 0:12:00 Bersin offers a unique perspective on the U.S.-China trade relationship, highlighting the need to counter China's influence while maintaining cooperation, and avoiding a descent into diplomatic or military conflict. 18:00 On the USMCA and potential tariffs on Mexico and Canada, Bersin cautions against jumping to conclusions, emphasizing the importance of waiting to see how policies unfold and are ultimately implemented. 28:00 He stresses the critical importance of public-private sector collaboration, urging businesses to seize the initiative and propose "big ideas" that can advance North American interests. 32:00 Bersin also shares insights on the challenges facing CBP, from the impact of e-commerce and de minimis changes to the need for regional and port-specific planning to adapt to new policies. Links:
In this timely episode, KPMG's Nicole Porpiglia offers insider insights on navigating the rapidly evolving trade landscape under the new administration. From the impact of steel and aluminum tariffs to changes in e-commerce policies, Porpiglia unpacks the complexities facing businesses and consumers alike. Hear her expert analysis on the challenges of traceability, the potential penalties for non-compliance, and strategies for minimizing duty exposure.
In the ever-changing landscape of international trade, compliance professionals are the unsung heroes, tasked with steering their organizations through the choppy waters of tariffs, regulations, and shifting policies. The world of international trade has been in a state of flux, with tariffs, trade wars, and policy changes with the Trump administration creating a complex and often unpredictable environment for businesses. In this episode, we sit down with Michelle Schultz and Marina Mekheil from Schultz Trade Law to explore practical solutions for navigating these turbulent waters. As seasoned professionals with experience in both the public and private sectors, they offer a unique perspective on how companies can stay ahead of the curve and protect their bottom line. Main Topics and Takeaways: Leveraging Chapter 98 and Duty Drawback: Michelle and Marina highlight the often-overlooked benefits of Chapter 98 of the Harmonized Tariff Schedule, which can provide duty-free treatment for US goods returned. They also delve into the intricacies of the duty drawback program, emphasizing the importance of proper documentation and compliance to maximize savings. Key Insight: "Trade compliance is not a cost center anymore. It's your savings center." - Michelle Schultz The Importance of Proactive Compliance: The guests stress the need for compliance professionals to be involved in the planning and decision-making process, rather than being brought in as an afterthought. They caution against the costly consequences of ignoring trade regulations and emphasize the value of a robust compliance program. Standout Quote: "If you're not at the table, you're part of the menu." - Lalo Navigating Changing Regulations with Agility: With the trade landscape in constant flux, Michelle and Marina advise companies to maintain flexibility and nimbleness in their business decisions. They highlight the need to stay informed about the latest developments and be prepared to adapt quickly to avoid getting stuck in costly situations. Key Takeaway: "Don't get yourself stuck in a situation where you now have incurred other costs." - Marina Mekheil Connect with Marina or Michelle from Schulz Trade Law⤵️⤵️⤵️ https://www.schulztradelaw.com/ Marina -> https://www.schulztradelaw.com/our-team/marina-mekheil Michelle -> https://www.schulztradelaw.com/our-team/michelle-schulz Article discussed -> https://www.linkedin.com/pulse/tariff-tsunami-navigating-trumps-trade-actions-mexico-canada-syjfc/?trackingId=ZX5TGS1jEvHsWDycAbQXBw%3D%3D Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
In this insightful podcast clip, trade experts Eric Hargraves and the Simply Trade team explore the rapidly evolving trade landscape under the "America First" policies. Discover essential technical and operational solutions to mitigate risks, maintain business continuity, and capitalize on emerging opportunities. Stay ahead of the curve and prepare your supply chain for what's next. Connect with Eric Hargraves: https://globaltrainingcenter.com/Eric-Hargraves/ Elliot Davis - https://www.elliottdavis.com/people/eric-hargraves #TradeCompliance #SupplyChainResilience #TariffMitigation #USMCAAgreement Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1 - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
In this insightful episode, we dive deep into the science and technology behind verifying product origin and mitigating forced labor risks. Our guests from Oritain, a leading provider of origin verification solutions, share how their cutting-edge forensic testing can empower companies to ensure supply chain transparency and compliance. Discover how Oritain's isotopic testing and extensive global database are transforming the way businesses validate the source of their raw materials, from cotton to wool and beyond. Learn practical strategies for implementing a proactive testing program that can protect your brand, reduce liability, and stay ahead of evolving regulations around forced labor. Whether you're in the apparel, home textile, or automotive industry, this episode offers invaluable insights on leveraging science and data to gain true visibility into your supply chain. Tune in to equip your organization with the tools needed to make informed sourcing decisions and demonstrate due diligence to regulators, investors, and consumers. #SupplyChainTransparency #ForcedLaborRisk #ProductOriginVerification #IsotopicTesting Resources/links: Oritain: https://oritain.com/ Ben Tomkins: https://www.linkedin.com/in/ben-tomkins/ Global Training Center: https://globaltrainingcenter.com/ Ana Hinojosa: https://www.linkedin.com/in/ana-hinojosa-9a618913/ Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1 - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host: Annik Sobbing - 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/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/ Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1 - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
Renowned trade law expert Jennifer Diaz shares invaluable insights to help businesses navigate the complex and ever-evolving trade landscape. Discover practical strategies to bulletproof your operations, minimize risk, and gain a competitive edge - even in the face of policy uncertainty and tariff challenges. Diaz delves into crucial compliance elements, effective record-keeping, and innovative approaches to supply chain management. Whether you're an importer, exporter, or supply chain professional, this episode equips you with the trade law expertise needed to thrive in turbulent times. Unlock the secrets to future-proofing your business and positioning it for long-term success. Connect with Jenn Diaz: https://diaztradelaw.com/?srsltid=AfmBOoqEuQUXAcurogTvsuI_s1j4QJQfHhwq7UjrkT1PhnVockSMttYY Call 305-456-3830 or email info@diaztradelaw.com. Connect with Simply Trade Podcast: - Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1 - LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/ - Twitter: https://twitter.com/SimplyTradePod - Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com Credits: Host: Annik Sobbing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/