September 30, 2024

Simply Trade [News]: Critical Updates on China's Dairy Surplus, Car Imports, and 3D Printing Export Controls

23 minutes

In this episode of the Simply Trade podcast, hosts Annik and Andy dive deep into the complexities of global trade, exploring the nuances and challenges faced by businesses navigating the ever-changing international landscape. From China's dairy industry surplus to new regulations on 3D printing technologies, this episode provides valuable insights and actionable takeaways for importers, exporters, and anyone invested in the success of their global operations. Stay informed, stay compliant, and stay ahead of the curve with the Simply Trade podcast.

Main Points/Takeaways:

1. China's Dairy Industry Surplus: Declining birth rates and a sluggish economy have led to a surplus of milk products in China, resulting in financial losses for dairy farming companies. This surplus has also impacted imports and led to restrictions on European dairy products, highlighting the interconnected nature of global trade.

2. Proposed Rule on Car Imports from China: The US government is considering a new rule that could impact car imports from China, targeting software and hardware components of Chinese origin. This move raises national security concerns and could significantly affect major automakers like GM and Ford.

3. Regulations on 3D Printing Technology: The US Department of Commerce has introduced robust export controls on advanced 3D printing technologies, particularly focusing on metal additive manufacturing. These regulations extend beyond manufacturing, encompassing technologies like quantum computing and semiconductor equipment, requiring companies to recalibrate their compliance strategies.

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Credits:

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/