Simply Trade

Struggling with drawback claims and proof of export requirements? An industry expert shares insights on upcoming legislation and strategies to simplify the drawback process.

In this episode of Simply Trade, hosts Andy and Lalo sit down with drawback expert Dave Corn to discuss the current state of drawback regulations and upcoming legislative changes that could impact importers and exporters. Dave shares his unique perspective on how upcoming bills and regulatory updates around electronic export manifests could help streamline the proof of export process.

Main Points/Takeaways:

Upcoming Drawback Legislation: Dave discusses two key bills - HR 7864 and Senator Cassidy's 21st Century Customs Framework - that aim to expand substitution allowances and minimize drawback application burdens.

Streamlining Proof of Export: The transition to electronic export manifests will allow carriers to directly provide date and fact of export data to Customs, reducing the documentation burden for drawback claimants.

Key Insight: "We need to get out of that paper process for drawbacks. It'll be nice to kind of see things really come into the 21st century in drawback after with such an old program."

Connect with Simply Trade Podcast:

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- Twitter: https://twitter.com/SimplyTradePod

- Website: https://globaltrainingcenter.com/simply-trade-podcast/ Contact Us/ Suggest Topics Contact [email protected]

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/

Episode Highlights: Breaking News

President-elect siding with dock workers and comments on automation at U.S. ports and impact on workers

Discussion of port efficiency statistics and potential pros/cons of automation

Naughty List

Tariff threats impacting automakers, with stocks declining

Analysis of potential effects of tariffs on production and costs

Nice List

U.S. approves export of advanced AI chips to Microsoft facility in UAE

Strict controls in place to prevent access by Chinese entities

Seen as strengthening U.S.-UAE ties and countering China

Freight Forwarder Diploma Courses

Global Training Center now offering FIATA diploma certification program through partnership with NEI

Internationally recognized credential for freight forwarders

Key Takeaways:

Ongoing debates around automation, trade policies, and technology controls

Importance of compliance and security measures for sensitive technology exports

Strong consumer spending signals despite economic headwinds

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 [email protected]

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/

As the EU continues to tighten its security measures, the latest ICS2 regulations are causing a stir in the international trade community. In this episode, we dive into the implications of these new requirements and uncover strategies for freight forwarders to stay compliant.

The EU's ICS2 (Import Control System 2) is a multi-phased initiative aimed at enhancing the safety and security of goods entering and transiting through the European Union. In this episode, we sit down with industry experts Emily Cori from Woodland Group and Martin Palmer from Hurricane Commerce  to explore the latest developments in ICS2 Release 3, which focuses on the maritime sector.

Main Topics and Takeaways:

1. Understanding the Evolution of ICS2: Martin provides a comprehensive overview of the ICS2 program, tracing its origins back to the 9/11 era and the EU's efforts to strengthen its border security measures.

2. House-Level Data Submissions: Emily delves into the new requirement for freight forwarders to provide house-level data for shipments, including the need for eORI numbers and the options for handling these filings directly or through carriers.

Key Insight: "If you want hassle-free international transport, you need to make sure that you understand what it is that you need to complete and do that job, whether it's physical, on paperwork or it's digital in data formats." - Martin Palmer

3. Navigating the Compliance Landscape: The experts discuss the importance of data accuracy, the potential for holds and "do not load" instructions, and the need for freight forwarders to proactively prepare their shipment data to avoid disruptions.

Standout Quote: "If you get your act together with your data and your paperwork at the start of the process, it should be less scary, and the prediction for 2025 is more enforcement." - Martin Palmer

Wrap-up: This episode provides invaluable insights for freight forwarders navigating the evolving landscape of international trade compliance. By understanding the ICS2 requirements, exploring compliance strategies, and staying ahead of enforcement trends, businesses can ensure smooth and secure cross-border operations. Don't miss this essential guide to mastering the EU's ICS2 regulations.

Enjoy the show!

Find us on YouTube: https://www.youtube.com/@SimplyTradePod

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

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod 

Emily Cori - https://www.linkedin.com/in/emily-cori/ 

Martin Palmer - https://www.linkedin.com/in/martin-palmer-2399386/ 

Contact [email protected] or message @SimplyTradePod for:

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.

In this episode from the IE Canada conference, industry experts Andy Shiles and Kim Campbell dive deep into the challenges of navigating trade barriers and the importance of private-public collaboration. Discover how businesses can take a proactive approach to shaping effective trade policies and overcoming obstacles to fair trade. Hear firsthand accounts of the evolving trade landscape, the impact of tariffs and regulations, and the critical role the private sector must play in driving change.

Don't miss this opportunity to learn from seasoned trade professionals. Subscribe to the Simply Trade podcast now and stay ahead of the curve on the latest trade compliance trends and best practices!

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 [email protected]

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/

Our experts, Annik and Lalo, discuss the challenges and opportunities that come with this transition, including the impact on global supply chains, the need for traceability and compliance, and the potential shifts in trade regulations. They also provide practical insights and strategies to help trade professionals stay ahead of the curve and position their businesses for success in this new era of sustainable trade. Don't miss this informative episode as we explore the intersection of trade, sustainability, and the future of our global economy.

Subscribe now to stay up-to-date on the latest developments in the world of international trade.

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 [email protected]

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/

This episode of Simply Trade is a must-watch for US Customs licensed brokers looking to understand the new continuing education requirements coming in 2025 and beyond. Hear from the 5 approved accreditors as they discuss the details of the program, how to get your training courses accredited, and tips for brokers to stay on top of earning the required credits.

Don't wait until the last minute - tune in now to get all your questions answered!

Helpful links:

Stay ahead of the curve, check out our classes: https://globaltrainingcenter.com/

CBP’s five partner accreditors are:

E-Merchants Trade Council/Global Trade Professionals Alliance/Practera

https://www.emtc.org/Education-Overview

International Compliance Professionals Association (ICPA)

https://www.icpainc.org/

National Customs Brokers and Forwarders Association of America

(NCBFAA) Educational Institute

https://www.ncbfaa.org/education

Sandler, Travis & Rosenberg, P.A.

https://www.strtrade.com/

TrüTrade Solutions

https://www.trutradesolutions.com/

CBP: https://www.cbp.gov/trade/programs-administration/customs-brokers/continuing-education

#customsbroker #continuingeducation #cbp

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 [email protected]

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 episode of the Simply Trade podcast, hosts Annik and Lalo dive deep into the global impact of Black Friday and Cyber Monday shopping trends on #internationaltrade and #logistics . As the holiday #shopping season kicks into high gear, #trade professionals need to understand how these major consumer events are reshaping cross-border commerce and supply chain operations. Listeners will gain valuable insights on how #tariff policies, #shipping cost increases, and the growing internationalization of these shopping events are impacting trade professionals.

Watch now to get the latest updates and prepare your business for the challenges and opportunities ahead!

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 [email protected]

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 episode we feature a session Simply Trade podcast hosted at the ICPA 2024 Fall Conference.  The session, "Duty Calls", is all about navigating the complex world of trade compliance. Featuring a panel of industry experts, this session provides valuable insights and practical strategies for professionals tasked with ensuring their organizations stay compliant in an ever-changing regulatory landscape.

Key Takeaways:

Don't miss this opportunity to learn from the best in the business. Tune in now and discover how you can elevate your trade compliance game.

Interested in more content like this? Subscribe to our channel for the latest updates on trade compliance best practices and insider insights from industry leaders.

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 [email protected]

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 episode of the Simply Trade podcast, hosts Annik and Lalo dive deep into the highly anticipated changes coming to the EU's import control system. As businesses across the globe prepare for the implementation of ICS2, this episode provides crucial insights and actionable steps to ensure your organization stays ahead of the curve.

Main Points/Takeaways:

This episode of the Simply Trade podcast provides a comprehensive overview of the upcoming ICS2 regulations, equipping listeners with the knowledge and strategies to navigate the changing landscape of international trade. Whether you're an ocean carrier, freight forwarder, or any business involved in importing goods into the EU, this episode is a must-listen to ensure your organization is prepared for the new requirements and stays ahead of the competition.

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 [email protected]

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/

The evolving #trade landscape under the #trump administration can be a daunting challenge for businesses. In this episode, trade expert Chris Scalisi shares insights on how companies can adapt to potential #tariff changes and global trade shifts to stay competitive and resilient.

Discover strategies for managing your supply chain, leveraging financial recovery programs, and understanding the impact of currency dynamics like the #brics initiative.

Tune in now to learn practical steps you can take to navigate tariff changes and global trade shifts under the Trump administration.

Resources:

Contact Chris Scalisis : https://www.linkedin.com/in/christopher-scalisi-ccs-71a17a27/

Stay Ahead -- More Trade News: https://globaltrainingcenter.com/news-blog/

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 [email protected]

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/