Simply Trade

By Global Training CenterBusiness

Simply Trade episodes

September 16, 2024 Simply Trade [News]: Navigating Maritime Labor Disputes and Trade Tariff Impacts
In the ever-evolving world of international trade, staying informed on the latest developments is crucial for businesses and professionals. Join us as we dive into the complexities of maritime labor negotiations, the impact of trade tariffs, and the concerns surrounding Chinese-manufactured agriculture drones.
Welcome to the Simply Trade News Roundup, where we explore the latest trends and challenges impacting the global trade landscape. In this episode, Annik and Lalo discuss the ongoing labor negotiations in the maritime industry, the World Trade Organization's report on the disproportionate impact of import tariffs, and the concerns raised about Chinese-manufactured agriculture drones in the United States.
Main Points/Takeaways:
1. Maritime Labor Negotiations:
- Annik and Lalo analyze the potential for a strike in the maritime industry, emphasizing the need for timely negotiations to avoid disruptions.
- Lalo shares his perspective on the unpredictability of the situation and the importance of being prepared for various outcomes.
- The discussion highlights the impact of spot rates plunging on East Coast ports due to rerouting to the West Coast, affecting supply chain efficiency.
2. Impact of Potential Strike on Trade:
- Annik and Lalo explore the potential consequences of a strike, including increased costs and delays for consumers and businesses.
- Lalo emphasizes the importance of having a contingency plan in place to mitigate the effects of a strike.
- The conversation suggests that successful negotiations could stabilize spot rates, reducing costs and improving trade flow.
3. World Trade Organization Report on Import Tariffs:
- Annik introduces a WTO report on the disproportionate impact of import tariffs on low-income households.
- Lalo discusses the report's findings, highlighting the negative effects of tariffs on low-income families and small businesses.
- The debate explores the implications of removing tariffs, considering the potential challenges for local manufacturers.
4. Concerns About Chinese-Manufactured Agriculture Drones:
- Annik brings up concerns about Chinese-manufactured agriculture drones in the US, highlighting potential national security risks.
- Lalo shares his perspective on the reputable drone manufacturer DJI and the potential for Chinese-made technology to be used for spying.
- The discussion emphasizes the importance of being vigilant about the origin and security of technology used in the US.

This episode of the Simply Trade News Roundup provides valuable insights for international trade professionals, importers, and exporters. By staying informed on the latest developments in maritime labor negotiations, trade tariffs, and technology concerns, businesses can better navigate the complexities of the global trade landscape and make informed decisions to support their operations and growth.
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: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
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.

30 min
September 12, 2024Duty Drawback Riches with PAX CEO Penny Chen
Are you leaving millions in duty drawback savings on the table? In this eye-opening episode, we sit down with Penny, the CEO of PAX, to explore how their innovative AI-powered software is transforming the complex world of duty drawback.

Main Points/Takeaways:
Democratizing Duty Drawback for SMBs: Penny reveals that a staggering $8-10 billion in eligible duty drawback claims go unclaimed each year, largely due to the complicated and labor-intensive nature of the process. PAX's mission is to lower the barriers and make duty drawback accessible to small and medium-sized businesses.
Streamlining Data Collection and Processing: PAX's software leverages AI and automation to simplify the data collection and processing required for duty drawback claims. From extracting information from PDFs to integrating with ERP systems, their tools help importers and brokers streamline the entire workflow.
Empowering Brokers and Importers: Penny explains how PAX's solution benefits both customs brokers and importers. Brokers can expand their duty drawback services to smaller clients, while importers can easily gather and organize the necessary data to support their claims.
Unlocking Hidden Savings: By making duty drawback more accessible and efficient, PAX aims to help businesses of all sizes unlock significant savings that were previously left on the table. Penny emphasizes the retroactive nature of duty drawback, allowing companies to claim refunds for up to 5 years of past imports.
This episode provides a fascinating glimpse into the future of duty drawback, where AI-powered solutions are revolutionizing the process and empowering importers and brokers to maximize their savings. Whether you're a seasoned trade professional or new to the industry, you won't want to miss this insider's look at the cutting-edge technology transforming 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/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Penny Chen - https://www.linkedin.com/in/pennypinyichen/
Pax - https://www.getpaxai.com/
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.
40 min
September 09, 2024Simply Trade [News]: Navigating Air Cargo Security, De Minimis Changes, and Surprising Trade Ties
Uncover the latest developments shaping the global trade landscape, from enhanced air cargo security measures to shifting trade relations - all discussed by industry experts on the Simply Trade News Roundup podcast.
Join Annik, Lalo, and Andy as they dive into a thought-provoking episode covering the evolving world of international trade. Discover how new TSA regulations are impacting air cargo, the latest updates on the de minimis threshold, and the surprising trade ties between Russia and North Korea.
Main Points/Takeaways:
TSA's Air Cargo Security Regulations: Understand the emergency amendments introduced by the Transportation Security Administration, requiring foreign airlines to provide more detailed information on shippers and consignees. Explore how this aims to enhance security and the challenges faced by the air cargo industry in adapting to the new requirements.
De Minimis Threshold Delay: Gain insights into the US Customs and Border Protection's decision to delay the automation of the $800 de minimis threshold enforcement. Discover the rationale behind this move and how it will facilitate a smoother transition for cargo flow.
Deepening Russia-North Korea Trade Ties: Analyze the implications of Russia's decision to permit imports of North Korean beer, signaling a strengthening of economic relations between the two countries despite international sanctions. Discuss the potential impact on global trade dynamics.
Insider Perspectives: Hear from industry experts Andy and Lalo as they provide valuable commentary and context on the discussed topics, offering unique insights that can benefit importers, exporters, and trade professionals.
Wrap-up: This episode of the Simply Trade News Roundup podcast delivers a comprehensive overview of the latest developments shaping the international trade landscape. By staying informed on these crucial topics, listeners can better navigate the evolving trade environment and make informed decisions to support their business success.
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: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
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.
36 min
September 05, 2024How New Legislation Could Impact Your Cross-Border E-Commerce with Marianne Rowden
It's almost easy to talk about what's not in the agreement versus what is in the agreement,' says industry expert Marianne Rowden. Dive into the details of the new WTO digital trade agreement and what it means for your international business.
In this episode we are joined by Marianne Rowden, President of the E-Commerce Association, to discuss the evolving landscape of digital trade and data flows. With governments eyeing the potential to tax cross-border digital transactions, this conversation provides crucial insights for importers, exporters, and trade professionals navigating the complex world of international e-commerce.
Main Topics and Takeaways:
The WTO's Moratorium on Customs Duties: Marianne explains the history of the WTO's moratorium on customs duties for electronic transmissions, and the challenges faced in extending this agreement.
Key Insight: "The final agreement, released on July 26, only provides a five-year moratorium on customs duties after adoption, which is shorter than expected."
Impact of Digital Taxation on Global Trade: Marianne and Andy discuss the rationale behind governments' desire to tax digital transactions, and the geopolitical implications for countries like the US that have historically not taxed internet companies.
Standout Quote: "As that disparity has grown, other countries desire to tax has grown because they feel that they're really just taxing American companies."
De Minimis Shipments and Legislative Efforts: The conversation delves into the mushrooming volume of de minimis shipments entering the US, and the various legislative bills aimed at restricting and taxing these low-value imports.
Key Takeaway: "The bills aim to restrict the use of de minimis and impose additional data requirements and penalties."
Reciprocal De Minimis Agreements and Customs Processing: Andy suggests the potential for reciprocal de minimis agreements to level the playing field for US companies, while Marianne highlights the need for adequate staffing and facilities to process these shipments.
Insightful Quote: "If you're going to utilize that same process, then you need to step up and have the facilities pay the surcharges and make sure that customs and the other agencies then are staff."
Wrap-up: This episode provides invaluable insights for importers, exporters, and trade professionals navigating the evolving digital trade landscape. By understanding the key issues surrounding the taxation of cross-border data flows and de minimis shipments, listeners can stay ahead of the curve and make informed decisions to support their international business operations.
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/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Marianne Rowden - https://www.linkedin.com/in/marianne-rowden-43456110/
E-merchants Trade Council Inc - https://www.emtc.org/

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.
54 min
September 02, 2024Simply Trade [News]: Navigating Air Cargo, Tariffs, and Diplomatic Tensions
In this episode of the Simply Trade Podcast, we dive into the complex world of international trade, exploring the latest developments in air cargo, tariffs, and diplomatic relations that are shaping the global business landscape.
Join Annik and Lalo as they unpack this week's trade articles that shed light on the challenges and opportunities facing trade professionals. From the potential impact of lowering the de minimis exemption threshold for e-commerce goods to the diplomatic tensions between Mexico, the US, and Canada, this episode provides valuable insights for anyone involved in international trade, importing, or exporting.
Main Points and Takeaways:
Air Cargo and De Minimis Exemption:
The rise in e-commerce has significantly increased air cargo demand, particularly for ultra-fast fashion items.
Lowering the de minimis exemption threshold could impact the air cargo industry's profitability and increase costs for small businesses and consumers.
Proposed solutions include excluding certain countries from the de minimis, increasing data collection and reporting requirements, and working closely with brokers.
Mexico's Judicial Reform and Diplomatic Tensions:
Mexico has suspended its relationship with the US and Canadian embassies over criticism of a proposed judicial reform to elect judges through popular vote.
This diplomatic tension could potentially spill over into trade relations, causing delays in trade-related document processing and information sharing.
The importance of open dialog and mutual understanding between countries is emphasized.
Canada's Tariffs on Chinese EVs:
Canada has imposed a 100% tariff on Chinese electric vehicles, including Tesla models, as well as a 25% tariff on imported steel and aluminum from China.
This move aligns with similar actions taken by the US and EU, aimed at addressing China's state-directed policy overcapacity and ensuring fair trade practices.
Importers may need to find alternative sources or face higher duties, with potential implications for the global EV market.
This episode of the Simply Trade Podcast provides valuable insights for trade professionals navigating the complex and ever-evolving landscape of international trade. From air cargo challenges to diplomatic tensions and tariff changes, the discussions offer practical takeaways and highlight the importance of staying informed and adaptable in the face of these dynamic market conditions.

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: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
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.
27 min
August 29, 2024Detention and Demurrage in the Spotlight: Navigating the Evolving Maritime Industry with Melzie Wilson
Detention and demurrage charges can be a minefield for cargo owners and service providers in the international trade and logistics industry. In this episode, industry expert Melzie Wilson shares invaluable insights on mastering these challenges through effective communication and proactive strategies.

The maritime industry has seen significant changes in recent years, particularly with the introduction of the OSRA 22 and the ongoing impact of the COVID-19 pandemic. These shifts have brought the issue of detention and demurrage charges into the spotlight, highlighting the importance of supply chain visibility and communication between all parties involved.
Main Points:
- Explanation of Detention and Demurrage Charges: Melzie Wilson provides a detailed overview of these charges, which are assessed by ports or carriers when cargo is not picked up within a specified time frame. She discusses the impact of these charges and the importance of early customs clearance and entry filing to minimize costs.
- Strategies for Cargo Owners and Service Providers: Melzie emphasizes the need for cargo owners to have multiple service provider options and to communicate regularly with their providers. She also stresses the importance of ensuring service providers are licensed and registered with the Federal Maritime Commission (FMC).
- Importance of Communication and Standard Operating Procedures: Melzie highlights the critical role of communication and the establishment of clear standard operating procedures (SOPs) between all parties in the supply chain. She cautions against making assumptions and stresses the need for mutual understanding.
Key Insights
- "One good thing that has come out of the pandemic is supply chain visibility. Because I don't know about the two of you, but my whole career has spent telling my family and friends, not in the business what I do, and the pandemic highlighted it."
- "Don't assume. One thing that this business teaches you and can cost you a lot is don't assume."

This episode provides invaluable insights for cargo owners, service providers, and anyone involved in the international trade and logistics industry. By understanding the complexities of detention and demurrage charges, implementing effective communication strategies, and fostering strong partnerships, you can navigate the ever-evolving maritime landscape and optimize your supply chain operations. Don't miss this essential guide to mastering the challenges of the industry.
Enjoy the show!
Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:
https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Melzie Wilson - https://www.linkedin.com/in/melzie-wilson-7691a060/
The Global Zolutions - https://globalzolutions.com/
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.
37 min
August 28, 2024Simply Trade [Events]: An Exclusive Look at the Must-Attend ICPA Fall Conference
In this episode, we're joined by a panel of experts from ICPA to get an exclusive behind-the-scenes look at their upcoming Fall Conference. Learn about the must-attend sessions, valuable networking opportunities, and the unique blend of serious trade topics and fun social events that make this conference a must for anyone involved in importing, exporting, or international logistics.
Main Points/Takeaways:
1. Cutting-Edge Content: The ICPA conference is packed with sessions covering the latest trends and challenges in international trade, from updates on priority trade issues and preparing for the broker's exam to deep dives into topics like anti-dumping, countervailing duties, and managing imports between the US and Canada.
2. Unparalleled Networking: The conference is renowned for its welcoming, tight-knit community, where seasoned professionals and newcomers alike can connect, share knowledge, and even find new job opportunities. Experienced attendees emphasize the importance of making new connections and not missing out on the valuable hallway conversations.
3. Balancing Serious and Fun: While the conference delivers a wealth of serious, high-level content, it also strikes a perfect balance with social activities like calf roping, line dancing, and free-flowing networking events. This unique blend helps trade professionals decompress and build lasting relationships.
4. Hybrid Flexibility: The conference offers a hybrid model, allowing attendees to participate in-person or virtually, with on-demand access to sessions for 60 days after the event. This flexibility caters to diverse schedules and budgets, ensuring everyone can access the valuable education and networking.
5. Continuing Education Credits: The ICPA conference is accredited to provide continuing education credits for various trade certifications, making it a one-stop-shop for professionals looking to maintain their credentials and stay ahead of the curve.
Key Insights:
"If you're new to trade, and you're looking and so many people I will run into and they and I'll introduce them to the icpa, and they're like, oh my gosh, this, I didn't even know this, this organization ever existed. And, you know, and they go to their first conference, and it's like, they feel like there's like, overload. And it's like, oh my gosh, it's gonna be but it's so it's one of those conferences that it's warm, it's welcoming. Whether you're new or if you've been in the business over 30 years, everybody is there to learn. Everybody is there to meet one another." - Chris
The ICPA fall conference is a must-attend event for anyone involved in international trade, importing, or exporting. With its cutting-edge content, unparalleled networking opportunities, and perfect balance of serious and fun, this conference is the ultimate destination to stay ahead of the curve, build valuable connections, and take your trade career to new heights. Don't miss your chance to unlock the secrets to navigating the complex world of international trade - tune in now!
Enjoy the show!
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Elisabeth Sherrell - https://www.linkedin.com/in/elisabeth-sherrell-ced-58b37156/
Bonnie Kersch - https://www.linkedin.com/in/sara-bowersox-64b3271ba/
Cindy Hazlett - https://www.linkedin.com/in/cindy-hazlett-a78a49/
Chris Scalisi - https://www.linkedin.com/in/christopher-scalisi-ccs-71a17a27/
ICPA - www.ICPAinc.org
ICPA Fall Conference - https://web.cvent.com/event/74f93406-6041-4487-833e-e568e6b4c04e/summary
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.
36 min
August 25, 2024Simply Trade [News]: Supply Chain Disruptions and Defense Exports
We dive into the critical issues impacting global trade and supply chains, from the threat of a Canadian rail shutdown to the groundbreaking AUKUS agreement and China's export restrictions on a crucial mineral. Plus, a surprising fact about the world's top honey exporter.
Join Annik and Lalo as they tackle the latest developments in the world of international trade and logistics. With Andy temporarily away due to a move, this episode provides a unique perspective on the challenges and opportunities facing businesses in the current global landscape.
Main Points/Takeaways:
Canadian Rail Shutdown and Supply Chain Threats
The ongoing labor dispute in the Canadian rail sector has resulted in a significant shutdown of freight traffic, posing a serious threat to the transportation of essential commodities.
The potential impact is significant, with the 2020 rail strike in Canada estimated to have cost the economy $1 billion.
The increased reliance on e-commerce and mail-order services heightens the importance of a reliable rail network for businesses and consumers.
AUKUS: Streamlining Defense Exports
The AUKUS agreement between Australia, the UK, and the US introduces legislative reforms to remove licensing requirements for defense exports between the countries.
This move aims to bolster scientific, technological, and industrial collaboration, while streamlining trade processes.
The changes are expected to have a positive impact, with approximately 900 export permits previously required for trade between the three countries being scrapped.
China's Export Restrictions on Antimony
China has announced export restrictions on antimony, a crucial mineral used in defense and electronic industries.
The US relies heavily on Chinese imports of antimony, and this move poses a significant concern for US national security.
Businesses in affected industries will need to explore alternative sources, such as Tajikistan and Australia, to secure their supply chains.
New Zealand's Honey Exports
As a fun fact, the podcast reveals that New Zealand is the country with the highest dollar value of honey exports, accounting for 12% of the global natural honey trade.
This highlights the importance of maintaining strong trade relationships, even in unexpected sectors, to ensure the resilience of supply chains.
This episode of Simply Trade provides valuable insights into the complex and ever-evolving world of international trade. From the threat of supply chain disruptions to the opportunities presented by new trade agreements, businesses in the import/export and logistics sectors will find this podcast episode informative and thought-provoking. Stay tuned for more engaging discussions on the latest trends and developments in the world of global 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: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
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.
22 min
August 22, 2024Is Your Supply Chain Exposing You to Fraud Charges?Tips from Rachel Winkler, a Former DHS Official
Navigating the complex world of trade compliance just got easier. In this eye-opening episode, we sit down with Rachel Winkler, a former DHS official and trade compliance expert, to uncover the latest government crackdowns, potential pitfalls, and proven strategies for keeping your international trade business on the right side of the law.

As global supply chains become increasingly interconnected, the stakes for trade compliance have never been higher. From forced labor regulations to economic espionage, companies of all sizes face mounting pressure to ensure their operations are above board.
Main Points/Takeaways:
1. Increased Government Scrutiny on Chinese-Affiliated Companies
- Rachel shares insights on the U.S. government's heightened focus on investigating trade fraud allegations, particularly among Chinese-owned subsidiaries operating in the U.S.
- She discusses the potential for criminal charges against company leadership who turn a blind eye to red flags in their supply chain.
2. Proactive Compliance Measures for Small Businesses
- Even small importers and exporters are not immune to trade compliance risks. Rachel emphasizes the importance of thorough vetting and due diligence, no matter the size of your operation.
- "Just because you're a small shop doesn't mean you know these, these issues don't apply to you. If you are looking you know if some if a price seems too good to be true, there's probably a reason for it."
3. Collaborative, Whole-Company Approach to Trade Compliance
- Effective trade compliance requires buy-in and participation from across an organization - from purchasing and legal to IT and the C-suite.
- As Rachel notes, "the importance of collaboration between compliance, purchasing, legal, and IT groups for effective compliance."
Key Insights:
- The government is actively pursuing criminal charges against companies and leaders who knowingly turn a blind eye to trade compliance issues.
- Proactive measures like thorough supplier vetting and comprehensive employee training are critical, even for small businesses.
- A siloed approach to trade compliance is a recipe for disaster - fostering a collaborative, "whole-company" mindset is key to mitigating risks.

Don't let your international trade business become the next target of government enforcement. Tune in to hear Rachel Winkler's expert insights on navigating the ever-evolving compliance landscape and protecting your operations from costly violations. This episode is a must-listen for any importer, exporter, or trade professional looking to stay ahead of the curve.
Enjoy the show!
Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:
https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Rachel Winkler - https://www.linkedin.com/in/rachel-winkler-34282735/
Nixon Peabody LLP - https://www.nixonpeabody.com/
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.
39 min
August 19, 2024Simply Trade [News]: From E-Commerce Crackdowns to Port Strikes
In this week's Simply Trade News Roundup, we dive into the latest developments impacting international trade, importing, and exporting. From new legislation targeting Chinese e-commerce to labor negotiations that could disrupt the supply chain, this episode is a must-listen for trade professionals.
Main Points & Takeaways:
1. US Bill Targets Chinese E-Commerce Imports: The US Senate has introduced the "Fighting for America Act" to enhance scrutiny on low-value shipments from China. This legislation aims to address the influx of illicit goods and counterfeit products entering the US market. As consumers, we're encouraged to be more mindful of where our purchases come from and support ethical supply chains.
2. EU Investigates Chinese EV Subsidies: The European Commission remains confident that its measures against state subsidies for Chinese electric vehicles comply with WTO regulations. However, China has challenged the investigation outcomes, leading to a formal WTO consultation. This dispute highlights the ongoing tensions around fair trade practices and the use of forced labor.
3. Potential Port Strikes Loom: Labor negotiations between the US Maritime Alliance and the International Longshoremen Association have stalled, increasing the likelihood of a strike at US East and Gulf Coast ports. This could significantly disrupt the upcoming holiday shipping season, prompting importers to reroute cargo and explore alternative transportation options.
4. Henry Ford's Supply Chain Legacy: Did you know that Henry Ford was a pioneer of modern supply chain management? His innovations, such as centralized operations, improved coordination, and multimodal transportation, laid the foundation for many of the practices we see today. Even the iconic Kingsford charcoal briquettes have their roots in Ford's efforts to repurpose byproducts from his car manufacturing.
This episode of Simply Trade News Roundup is a must-listen for anyone involved in international trade, importing, or exporting. By staying informed on the latest developments, trade professionals can better navigate the evolving global landscape and make informed decisions to optimize their supply chains. Don't miss out on these insights – tune in now and share with your network!

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: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
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.
28 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…