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Welcome to the latest episode of "Simply Trade News Roundup," where we dive deep into the world of international trade and logistics. In this insightful installment, host Lalo explores critical issues affecting global commerce, from infrastructure changes in El Paso to the far-reaching impacts of natural disasters on supply chains. Join us as we unpack the latest developments in trade consulting, port operations, and cross-border logistics with special guest Joe Quinonez from EP Global Consulting.
Main Discussion Points:
• Infrastructure Deep Dive: Exploration of El Paso's four-bridge system and its significance in facilitating cross-border commerce.
• Hurricane Milton's Impact: Analysis of how natural disasters like Hurricane Milton affect global supply chains and trade routes.
• Labor Issues in Ports: Discussion on ongoing port strikes and their implications for international trade.
Key Takeaways:
• Diversify Supply Chains: The impact of natural disasters highlights the importance of having resilient and diversified supply chain strategies.
• Embrace Continuous Learning: The mention of accreditation and continuing education underscores the importance of ongoing professional development in the fast-evolving trade industry.
• Global Perspective: Understanding the interconnectedness of global trade, from manufacturing facilities to international logistics, is crucial for success in the field.
Enjoy the show.
YouTube: https://www.youtube.com/@SimplyTradePod
Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Show References:
Simply Trade Podcast - twitter.com/SimplyTradePod
Jose Quiñonez - https://www.linkedin.com/in/jose-q-739a126/
Contact [email protected] 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.
Staying on top of the ever-evolving regulatory landscape in the import/export industry can feel like a never-ending battle. But with the right strategies and partnerships, you can navigate the complexities of customs compliance and streamline your operations.
In this episode, we sit down with Ania Wierzbowska-Fuller, Director of Consulting and Regulatory Affairs at A.N. Deringer, a leading customs brokerage firm. Ania shares her insights on the key challenges facing importers and customs brokers when it comes to maintaining compliance, as well as practical solutions for staying ahead of the curve.
Main Points/Takeaways:
Regulatory Challenges: Ania highlights the struggle that customs brokers and importers face in keeping up with the constant stream of regulatory changes and new compliance requirements. She emphasizes the importance of developing a strong partnership with your customs broker to stay informed and proactive.
Supply Chain Visibility: The discussion delves into the critical need for importers to have full visibility and traceability throughout their supply chain, especially in light of forced labor regulations. Ania explains how tools like the Global Business Identifier (GBI) can help enhance supply chain transparency.
Broker Partnerships: Ania stresses the value of effective communication and a structured relationship with your customs broker. She advises importers to establish clear procedures, hold regular business reviews, and be responsive to their broker's inquiries to ensure smooth import processes.
Informing Upper Management: Ania provides strategies for presenting regulatory changes and their impact to upper management in a way that resonates, such as framing the issues in terms of ROI and the cost of goods.
Continuous Improvement: The conversation highlights the importance of a culture of continuous improvement and quality assurance within the import/export operations. Ania and Andy discuss techniques for identifying and addressing inefficiencies to optimize the overall import process.
Whether you're a small business owner or part of a larger import/export operation, this episode is packed with valuable insights and practical tips to help you navigate the complex world of customs compliance. Tune in now and take the first step towards streamlining your import processes and staying ahead of the curve.
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
Ania Fuller - https://www.linkedin.com/in/ania-wierzbowska-fuller-276b5621/
Contact [email protected] 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.
In this episode of Simply Trade, the hosts discuss the latest developments in the port strike, including the suspension of the strike until January 15th. They also dive into a proposed bill aimed at addressing forced labor concerns, particularly in regions like Xinjiang, China. Additionally, the hosts explore a fascinating case of a company in Australia attempting to replicate the popular Crumbl cookie brand. This episode is packed with insights and updates that trade professionals won't want to miss.
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] 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
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/
"It's going to cost about $5 billion per day."
In this emergency news segment, experts discuss the ongoing port strike that began on October 1st, its significant economic impact, and the challenges it poses to the supply chain. Eric Hargraves delves into the union's demands, the implications of automation on labor relations, and potential government interventions.
Takeaways
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] 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
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/
International Trade Experts Preview the Must-Attend IE Canada Trade Conference In this episode, we get an insider's look at the upcoming IE Canada annual trade summit taking place in Ottawa, Canada on November 26-27. Warrington Ellacott, the chair of IE Canada, joins us to provide a comprehensive overview of this can't-miss event for anyone involved in international trade, importing, and exporting. Main Points and Takeaways:
The IE Canada conference is a long-running annual event that brings together key players in the import/export industry, including government officials, industry leaders, and trade experts.
This year's conference will cover a wide range of critical topics, including:
- Economic forecasts and the outlook for the USMCA trade agreement - Challenges and opportunities surrounding Canada's customs modernization system (CARM) - Discussions on sanctions, forced labor, and child labor provisions - Panels on national security concerns related to connected vehicles and foreign-made components - The latest developments in artificial intelligence and its impact on supply chains
Warrington emphasizes the importance of regulatory cooperation between Canada and the US, as well as the need for a unified, hemispheric approach to trade.
The conference will also feature a live recording of the Simply Trade podcast, with host Andy and special guest Kim Campbell providing an engaging and insightful discussion.
Don't miss your chance to stay ahead of the curve - register for the IE Canada Trade Conference today! ⤵️⤵️⤵️ https://iecanada.member365.com/public/event/details/8311690ee5d1f39af7fd2a652d2abb23cf1f1b69/1
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] 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
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 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:
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.
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] 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
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/
"We want to equip our customers with tools to turn them into supply chain heroes." - Nicole Glenn
In this episode of the Simply Trade Podcast, we sit down with Nicole Glenn, the founder of Candor Expedite, a company specializing in handling the chaos and unpredictability of the logistics industry. Nicole shares her insights on navigating the complexities of international trade, importing, and exporting, drawing from her extensive experience in the field. This episode of the Simply Trade Podcast provides valuable insights for logistics professionals, importers, and exporters navigating the complexities of international trade. Nicole Glenn's expertise and innovative approach to solving supply chain challenges offer a fresh perspective on optimizing operations and delivering exceptional customer service.
Main points:
Resources:
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] 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
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 Anik and Andy delve into the complex and ever-evolving landscape of US-China economic relations. From China's retaliatory measures against US firms to the impact of industrial overcapacity on global trade dynamics, this discussion offers a comprehensive understanding of the challenges and opportunities facing international businesses. Main Points and Takeaways:
China is freezing the properties of 9 U.S. firms, including Lockheed Martin, in response to U.S. arms sales to Taiwan. This reflects the geopolitical tensions between the U.S. and China.
Upcoming talks between U.S. and Chinese officials will focus on addressing concerns over China's industrial overcapacity and its impact on the global economy. However, the experts are skeptical these talks will resolve the underlying issues.
China is selling U.S. Treasury bills and buying gold, potentially signaling preparations to take action against Taiwan, which could disrupt global supply chains.
The White House is proposing changes to the de minimis exemption, which allows goods under $800 to enter the U.S. duty-free. This is aimed at addressing issues with e-commerce companies like Shein and Temu that are allegedly using forced labor.
There is a need for greater consumer awareness and responsibility when it comes to forced labor issues in supply chains.
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] 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
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 has become much more complex, and it's become more complex for both government regulatory reasons, but also for business reasons that companies want to save money and they want to not have surprises in their product." - Tom Gould, Industry Expert
In this insightful episode, we sit down with Tom Gould, a renowned expert in the global trade industry. Tom shares his extensive career journey, from automating law firms in the early days of the IBM PC to becoming a leading consultant and advisor in the world of international trade.
Main Topics and Takeaways:
1. The Timeless Nature of Global Trade
2. The Evolving Regulatory Landscape
3. Challenges in Sustainability and Recycling
4. Tom Gould's Expertise and Consulting Areas
This episode provides a comprehensive look at the evolving landscape of global trade, with insights from an industry pioneer, Tom Gould. Listeners will gain a deeper understanding of the historical context, regulatory challenges, and sustainability concerns that companies must navigate in the modern trade environment. Tom's expertise and practical advice offer valuable guidance for importers, exporters, and anyone involved in the complex world of international trade.
Enjoy the show!
Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/
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
Contact [email protected] 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.
In this episode, we dive into the upcoming AIAG North American Customs and Trade Town Hall event, where industry experts and government officials will come together to address the pressing customs and trade challenges facing the automotive sector. With a focus on networking, compliance, and forward-looking insights, this event promises to be a must-attend for anyone involved in international trade, importing, or exporting within the automotive industry.
Main Points/Takeaways:
1. Networking and Industry Collaboration: The town hall provides a unique opportunity for automotive professionals to connect with peers, share experiences, and find solutions to common challenges. As Mark Hirzel notes, "you get to talk to people in your industry who are dealing with the same kinds of issues."
2. Compliance and Regulatory Insights: Attendees will have the chance to hear directly from government officials, including the new CTPAT director, on upcoming changes and priorities. As Michaela emphasizes, "if we don't bring that bell soon, we might be late to the party when customs does implement those changes."
3. Educational and Networking Opportunities: The town hall is designed to provide attendees with valuable education and the chance to build new relationships. As Myriam Cronk notes, "a lot of people are going to walk away educated, and ever so definitely new friendships, new relationships."
The AIAG North American Customs and Trade Town Hall is a must-attend event for anyone involved in international trade, importing, or exporting within the automotive industry. By providing a platform for networking, compliance insights, and holistic trade perspectives, this conference promises to equip attendees with the knowledge and connections needed to navigate the complex customs and trade landscape.
Enjoy the show!
Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/
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
AIAG Town Hall - https://www.aiag.org/store/events/details?EventCode=E24CUSTOM
Contact [email protected] 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.
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