Simply Trade

Simply Trade

By Global Training CenterBusiness
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Simply Trade episodes

  • Overpaying? Your Product's Origin Reveals All - Greg Pilkington

    Today, we bring you critical insights from a global customs expert who's worked with DHL and the World Customs Organization. Learn how businesses can navigate complex trade regulations, avoid costly penalties, and strategically manage international shipping challenges. Greg Pilkington reveals insider strategies for compliance, tariff management, and global trade survival.

     

    Contact Greg:

    LinkedIn: https://www.linkedin.com/in/gregpilkington/

     

    Main Points/Takeaways:

    1. Customs Compliance Essentials
      • Accurate goods description is critical
      • HS code precision can mean the difference between 0% and 31% duty rates
      • Country of origin declaration is mandatory at the line-item level
      •  

        Key Quote: "If you don't know the country of origin, you're basically saying, 'I want to pay the highest rate I can.'" - Greg Pilkington

         

        2. Tariff Strategy and Risk Management

        • Small businesses most vulnerable to tariff changes (est. 5 million impacted)
        • Tariff engineering requires:
          •  Product master file tracking
          • Component-level origin tracking
          •  Flexible sourcing strategies
          • Key Insight: Tariffs impact lower-cost goods more significantly than high-value items

             

            3. Strategic Organizational Approach

            • Customs is no longer a back-office function
            • Cross-functional collaboration is essential
            • Need for a chief compliance officer with customs expertise
            •  

              Key Quote: "If your boardroom doesn't have at least a chief compliance officer familiar with customs brokerage, you're behind."

               

              4. Global Trade Adaptation

              • Globalization 1.0 is struggling
              • Companies must be nimble and quick
              • Sourcing patterns shifting (e.g., increased Asia-to-Asia trade)
              • Recommended Action: Conduct immediate audit of import/export operations to understand tariff implications

                 

                #InternationalBusiness

                #TradeCompliance
                #LogisticsTips

                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! 👀🌎

                📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                 

                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

                 

                Credits:

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

                Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

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

                45 min
              • August 1st and Beyond: The New Era of U.S. Tariffs with Erik Smithweiss

                The treacherous waters of international trade just got more complex. Are you prepared for the tsunami of tariff changes coming on August 1st? In this explosive episode of Simply Trade News, host Annik sits down with Erik Smithweiss from GDLSK to unpack the latest U.S. tariff landscape, revealing the intricate and often unpredictable world of international trade regulations.

                Key Topics Covered:

                1. Tariff Uncertainty Explained

                  • Trump administration's latest tariff announcements

                  • Potential changes affecting 14+ countries

                  • Impact on global supply chains

                    1. Critical Compliance Strategies

                      • Importance of documentation

                      • Navigating country of origin complexities

                      • Avoiding potential customs penalties

                        Key Insights:

                        • Tariff rates for countries like Japan, South Korea, and Brazil are in flux

                        • Steel, aluminum, and new copper tariffs create significant business challenges

                        • USMCA goods may still have special considerations

                          Standout Quotes: "The goal posts keep moving" - Erik Smithweiss, describing the unpredictable tariff environment

                          Connect with Erik:
                          https://www.gdlsk.com/people/smithweiss-erik-d/ 

                          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! 👀🌎

                          📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                          😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                          🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                          👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                           

                          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

                           

                          Credits:

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

                          Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

                          Host: Annik Sobing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/

                          28 min
                        • Turning Compliance into Competitive Advantage - Erika Trujillo

                          Discover how cutting-edge data analytics can transform your international trade strategy and protect your business from hidden risks! In this episode of Simply Trade, host Andy and Lalo sit down with Erika Trujillo, a global trade compliance expert who reveals how companies can leverage advanced data analytics to navigate the complex world of international trade.

                          Key Insights:

                          1. Trade Compliance Revolution

                            • Advanced data analytics are changing how businesses approach international trade

                            • Proactive risk management is crucial in today's global marketplace

                            • Understanding your own business data is the first step to minimizing risks

                              1. Critical Risk Management Strategies

                                • Identify potential red flags in supply chains

                                • Monitor trade routes and potential sanction circumvention

                                • Prioritize due diligence on business partners and transactions

                                  1. Business Resilience Techniques

                                    • Use data to inform strategic investment decisions

                                    • Quickly adapt to changing global trade landscapes

                                    • Transform trade compliance from a cost center to a strategic advantage

                                      Standout Quotes: "Don't be afraid of data. There's often quite a bit of treasure and value hidden in there." - Erika Trujillo

                                      Practical Takeaways:

                                      • Implement comprehensive data analytics in trade compliance

                                      • Create cross-departmental communication about trade risks

                                      • View trade compliance as a strategic business function

                                         

                                        Interested in transforming your trade compliance approach? Connect with experts like Erika Trujillo and start leveraging your business data today!


                                        Erika Trujillo: https://de.linkedin.com/in/erikatrujillo


                                        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! 👀🌎

                                        📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                        😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                        🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                        👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                         

                                        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

                                         

                                        Credits:

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

                                        Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

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

                                        41 min
                                      • [ROUNDUP] AI-Powered Clarity: Peter Swartz on Solving Global Trade’s Biggest Challenges

                                        Imagine a world where complex global supply chains can be managed with unprecedented precision, transparency, and efficiency - welcome to the future of international trade powered by artificial intelligence.


                                        In this episode of Simply Trade, host Annik sits down with Peter Schwartz, co-founder and Chief Science Officer of Altana AI, to explore how artificial intelligence is transforming global trade, supply chain management, and international business strategies.

                                        Peter's Contact Info: 
                                        https://www.linkedin.com/in/pgswartz/
                                        https://altana.ai/about 


                                        Key Insights:

                                        1. AI and Global Trade Transformation
                                          • AI enables management of complex global supply chains at unprecedented scale
                                          • Helps businesses navigate geopolitical uncertainties and trade disruptions
                                          • Provides real-time insights across multiple tiers of production networks
                                            1. Federated Learning: The Privacy-Preserving Game Changer
                                              • Allows companies to collaborate and share insights without compromising sensitive data
                                              • Enables secure, privacy-protected information exchange
                                              • Supports more transparent and efficient international trade ecosystems
                                                1. Government and Trade Compliance
                                                  • AI assists governments in:
                                                  • * Protecting national economic interests * Preventing contraband and forced labor * Facilitating trade and economic growth * Enhancing border management and trade compliance

                                                    1. Supply Chain Resilience and Adaptation
                                                      • AI helps companies:
                                                      • * Model different tariff and geopolitical scenarios * Identify supply chain vulnerabilities * Develop more flexible and responsive procurement strategies

                                                         

                                                        Standout Quotes: "AI is a bright spot in a period of disruption for global supply chains." - Peter Schwartz "The goal is to fix globalization and create a technology that enables more efficient, compliant, and resilient trade." - Peter Schwartz

                                                        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! 👀🌎

                                                        📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                                        😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                                        🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                                        👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                                         

                                                        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

                                                         

                                                        Credits:

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

                                                        Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

                                                        Host: Annik Sobing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/

                                                        42 min
                                                      • [Crimes] The Great Marvel Tariff Trial — Larry Hanson on Dolls, Duties, and Superpowers

                                                        Ever wondered how a Marvel action figure could save a company millions in import duties? Welcome to the world of tariff classification, where superhero toys become legal battlegrounds! 

                                                        In this fascinating episode of Simply Trade, trade law expert Larry Hanson dives deep into the Marvel Comics vs. US Government tariff classification case, revealing the intricate legal strategies behind importing action figures and toys.

                                                        Key Highlights:

                                                        1. Tariff Classification Basics

                                                          • Dolls vs. Action Figures: A critical legal distinction

                                                          • How small classification changes can dramatically impact import duties

                                                          • The importance of understanding tariff schedules

                                                            1. Legal Strategy Insights

                                                              • How companies challenge customs classifications

                                                              • The role of the Court of International Trade (CIT)

                                                              • Importance of timing in filing protests and legal challenges

                                                                1. Superhero Case Study: Marvel's Legal Maneuver

                                                                  • X-Men and Marvel action figures challenged as "dolls"

                                                                  • Legal arguments around what constitutes a "human representation"

                                                                  • How movie characters impact tariff classifications

                                                                    Memorable Quote: "Trade affects everyone's lives... It's not just about a classification of a doll, but broader implications for international relations." - Larry Hanson

                                                                    Key Takeaways:

                                                                    • Always consult trade compliance experts before importing

                                                                    • Understand the nuanced world of tariff classification

                                                                    • Timing is critical in challenging customs classifications

                                                                    • Small legal distinctions can result in significant cost savings



                                                                      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! 👀🌎

                                                                      📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                                                      😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                                                      🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                                                      👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                                                       

                                                                      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

                                                                       

                                                                      Credits:

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

                                                                      Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

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

                                                                      54 min
                                                                    • [ROUNDUP] AI vs. Tariffs - Brian Barber

                                                                      Welcome to another ROUNDUP! Brian Barber, a seasoned customs broker who reveals how businesses can navigate skyrocketing tariffs, AI-driven technologies, and evolving trade policies. Learn insider strategies for compliance, discover hidden opportunities in USMCA, and understand how technology is reshaping supply chain management.


                                                                      Connect with Brian Barber:
                                                                      https://www.linkedin.com/in/bebarber/ 

                                                                      Key topics:

                                                                      1. Section 232 tariff increases
                                                                      2. Preparing for sudden regulatory shifts
                                                                      3. Role of AI and Importance of human oversight
                                                                      4. Understanding trade agreements (USMCA)
                                                                      5. Refund recovery services
                                                                      6. Engaging trusted advisory partners
                                                                      7. 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! 👀🌎

                                                                        📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                                                        😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                                                        🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                                                        👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                                                         

                                                                        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

                                                                         

                                                                        Credits:

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

                                                                        Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

                                                                        Host: Annik Sobing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/

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

                                                                         

                                                                         

                                                                        31 min
                                                                      8. [Careers] The Lackey Legacy of Customs Compliance

                                                                        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! 👀🌎

                                                                        📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                                                        😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                                                        🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                                                        👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                                                         

                                                                        Credits:

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

                                                                        Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

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


                                                                        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

                                                                         

                                                                        46 min
                                                                      9. [CANADA] Internal trade barriers with a $200 billion annual impact on the GDP

                                                                        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:

                                                                        1. $200 billion annual cost to Canadian GDP

                                                                          1. Provincial vs. federal trade regulations

                                                                            1. Case Study: Alcohol Trade Restrictions

                                                                              1. Comparative International Approaches

                                                                                • Australia's mutual recognition model

                                                                                • European trade standardization

                                                                                • US vs. Canadian trade barrier approaches

                                                                                  1. Bill C-5 overview

                                                                                    1. 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! 👀🌎

                                                                                      📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                                                                      😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                                                                      🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                                                                      👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                                                                       

                                                                                      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

                                                                                       

                                                                                      Credits:

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

                                                                                      Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

                                                                                      Host: Annik Sobing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/

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

                                                                                      30 min
                                                                                    2. [Roundup]: The Impact of CARM on US-Canada Trade So Far.

                                                                                      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! 👀🌎

                                                                                      📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                                                                      😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                                                                      🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                                                                      👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                                                                       

                                                                                      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

                                                                                       



                                                                                      31 min
                                                                                    3. Why Early Compliance Saves Millions | Jeremy Page

                                                                                      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:

                                                                                      1. Involve trade compliance experts early in strategic planning

                                                                                      2. Build a multi-functional, educated team that understands trade complexities

                                                                                      3. Be cautious of quick "creative" solutions that might lead to compliance risks

                                                                                      4. Stay informed about nuanced regulatory changes

                                                                                      5. 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! 👀🌎

                                                                                        📩Importing https://globaltrainingcenter.com/importing-procedures/ 

                                                                                        😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

                                                                                        🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

                                                                                        👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community!  https://globaltrainingcenter.com/trade-geeks/ 

                                                                                         

                                                                                        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

                                                                                         

                                                                                        Credits:

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

                                                                                        Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

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




                                                                                        48 min

                                                                                      About Simply Trade

                                                                                      From the publisher's feed

                                                                                      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…

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