Simply Trade

This Simply Trade podcast episode delves into the dynamic world of international trade with its accomplishments, disputes, and the looming unknowns.

US-EU Steel Aluminum Deal: The hosts explore the unfolding US-EU steel aluminum deal, its pathways and potential impacts. They also delve into the implications of the EU’s carbon border adjustment mechanism (CBAM) and its effects on the cost of US goods in European markets.

EU's Green Tariffs: Andy reveals the contentious face of the EU's green tariffs, a measure attracting criticism because of its bureau-centric approach that deflates the notion of free trade.

China’s EV Subsidy Probe: Our hosts further discuss the launch of the EU's subsidy probe into Electric Vehicles (EV) by China, interpreting China's defense as a call for fair play in international trade. Lalo draws an interesting analogy with the Pinewood Derby car race, emphasizing the need for a level playing field.

Global Growth Forecast for 2024: Finally, the hosts wrap up the episode by examining the UN's prediction of "stalling and divergent global growth" in 2024, weighing it against the currently thriving economy.

Enjoy the show.

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

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

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.

This episode looks at the Canadian Border Services Agency's Assessment and Revenue Management system, better known as 'CARM.' With industry veteran Kim Campbell sharing her expertise on this subject matter, you'll learn more about CARM—and may even have questions answered!

The episode heavily focuses on CARM, a significant component of the modernization agenda.

CARM, unlike its manual predecessor, automates the accounting process, thereby making progress from a largely paper-based system. A quote of the day came from Kim Campbell, who labelled CARM as a "four-letter word that we all love in Canada."

This episode answers what CARM stands for - CBSA Assessment and Revenue Management system.

One of the benefits of CARM is that importers can now have direct insight into their state of affairs with customs.

An additional advantage of CARM is its ability to facilitate direct payments, including via credit cards.

Interestingly, the conversation also hinted at a potential AES 2.0 in the United States, opening the floor for future discussions.

This episode is a must-listen for anyone seeking to navigate the trade sector in the digital age, with a particular spotlight on Canada. Kim Campbell's seasoned insights and the hosts' relatable narration make the complex discussion on CARM easily digestible.

Enjoy the show!

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

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod 

Kim Campbell - https://www.linkedin.com/in/kim-campbell-a9693b2/ 

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.

Get set for an intriguing journey as we launch our thought-provoking series on Forced Labor - set to captivate your Tuesdays for the following weeks! Each episode offers candid conversations with industry experts who bring to life different facets of the fight against Forced Labor. From unraveling complex issues to revealing key strategies, we've got it all covered! Join us on this enlightening journey and equip yourself with valuable insights to be compliant and meet Forced Labor trade regulations confidently. Let's conquer compliance together!

Episode 1

Are you concerned about the implications of forced labor regulations and how they affect your business? The latest episode of the Simply Trade podcast sheds light on this critical topic, with insights straight from the government!

Simply Trade, hosted by Andy and Lalo, welcomes a special guest - Brian Hoxie, the Director of Forced Labor Division at the CBP's Office of Trade.

Main Points

Brian Hoxie discusses the two paths CBP follows to enforce Section 1307 of the Trade Act 1930.

Investigations to identify entities involved in forced labor overseas and issuing withhold release orders.

Implementation and enforcement of the Uyghur Forced Labor Prevention Act, which prohibits the entry of goods made wholly or in part from the Xinjiang region of China.

CBP's efforts include setting up a task force, collaborating with various stakeholders in trade and academia, and creating port policies and procedures.

To help businesses comply with these laws, CBP provides guidance through their public website, operational guidance, importer guidance, and FAQs.

Since the start of the implementation, CBP has had around 450 engagements with stakeholders.

CBP works closely with other government agencies, including the Department of State, US Trade Representative, and DHS to ensure a whole-of-government approach.

Importers are encouraged to report any suspicions about forced labor in their supply chain to CBP to help build strong cases and act accordingly.

CBP appreciates companies taking proactive steps to avoid forced labor issues.

The Simply Trade podcast episode offers valuable insights and information directly from Brian Hoxie, who works at the forefront of forced labor enforcement. Importers and compliance professionals can gain the knowledge they need to navigate these complex regulations, protect their businesses, and work towards a better future. Don't miss out on the in-depth conversation.

Enjoy the show!

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.

Welcome to this weeks News Roundup hosted by Annik. The latest episode transforms the hot topics of the trade world into an insightful discussion. This week the trio focuses on articles that make you question the current global trading system.

Main Points

Texas Border Truck Inspections: Controversy surrounds Texas as politics fuel intensive truck inspections along the border, deliberated in detail with Lalo, who is stationed at El Paso, Texas. The trio unpacks the immigration crisis, the secondary inspection measures by the state of Texas and its subsequent effect on commercial traffic. Andy sheds light on the safety issues regarding the condition of Mexican trucks, which has been a long-standing issue under NAFTA and USMCA.

Dark Ships: A mysterious yet fascinating segment where the hosts delve into the world of 'Dark Ships'. They explain the concept of large tankers turning off their Automated Identification Systems (AIS), essentially 'going dark', to transport oil from sanctioned countries. The oil is then sold on the black market, circumventing economic sanctions. Annik, Andy, and Lalo raise various questions about who is responsible and the implications of this situation, making it an engaging conversation.

From the complications of border inspections to the shady business of 'Dark Ships', this episode of "Simply Trade" encapsulates real issues that are shaping the trade world today. The hosts’ expertise, insights, and shared banter make for a fun conversation you won't want to miss.

Enjoy the show.

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

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

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.

Discover the billion-dollar benefits of US Foreign Trade Zones in the latest episode of Simply Trade podcast! Uncover how these zones create jobs, save money, and protect businesses in an increasingly volatile regulatory environment.

Join Andy, Lalo, and their guest, Liz Connell from Thomson Reuters, as they dive deep into the world of Foreign Trade Zones (FTZs) and their significance in today's economic landscape.

Key Discussion Points

Liz emphasizes the need for FTZs in the current trade environment. With billions of dollars saved annually and job creation in the US, FTZs have never been in higher demand.

Contrary to popular belief, FTZs provide substantial financial and social benefits: bringing jobs to the US, reducing operational costs, and increasing investment opportunities.

Managing cash flow is crucial for CFOs looking to optimize financials. Hence, FTZs can provide attractive opportunities to better manage cash flow by delaying duties and taxes.

One hurdle to overcome is the lack of legislative change to adjust the law related to de minimis shipments from FTZs. Foreign companies currently have an advantage over US companies in this area.

This engaging episode of Simply Trade sheds light on the vital role FTZs play in bolstering the US economy and keeping businesses competitive in our evolving global trade landscape. As Liz Connell notes, FTZs will continue to be a sought-after solution for businesses looking to protect their bottom line in today's unpredictable world.

Don't miss out on other insightful discussions—subscribe to Simply Trade podcast and leave a review to show your support!

Enjoy the show!

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

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod 

Liz Connell- https://www.linkedin.com/in/elizabeth-connell-lcb-azs-64a10026/

Thomson Reuters (Global Trade Solutions) - https://tax.thomsonreuters.com/en/corporation-solutions/global-trade-management

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.

Do you see yourself as a customs broker, but wonder how to set a strong foundation to build upon your learning? Wondering if there's a way to prepare efficiently for the customs broker exam? Look no further! In this episode Andy and Lalospeak to an expert in this matter, Ruth Rodriguez from GRVR Attorneys who enlightens us on what to do 30 days out from exam day and how to prepare for the broker's exam, which makes this episode a must-listen.

In this episode, Ruth breaks down her 30-day challenge strategy— a comprehensive spread of focused preparation and strategy that can help examinees perform better in the upcoming Customs Broker Exam slated for October.

Key insights shared include:

Comparison with Traditional Learning: Ruth explains the uniqueness of the broker exam and how it's more like a "trade class" - more hands-on and skill-based than traditional academic learning.

Need for Apprenticeship Programs: Both Lalo and Ruth agree on the need for apprenticeships in customs brokering discussing its potential to close the knowledge-practice gap and reduce entry barriers.

Challenges with Internship Programs: Ruth explains why internship programs have been a challenge, citing concerns about liability and training competition.

Quotes: Ruth emphasizes the importance and difficulty of the exam: "This is the only credential that the government recognizes because the government gives the exam.

This episode provides authentic insights into the preparation tactics for the upcoming customs broker exam. It serves as a roadmap for those gearing up to clear this crucial milestone, giving listeners invaluable tips and strategies to position themselves better for success.

Enjoy the show!

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Broker Exam Course:  https://www.globaltrainingcenter.com/products/customs-broker/customs-broker-prep-course/ 

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.

Join hosts Annik, Lalo and Andy as they bring together a panel of experts from the NCBFAA to discuss the potential government shutdown on October 1, 2023, and its ramifications on international trade.

As the risk of a shutdown looms, the panelists explore the challenges that the trade industry must overcome, the need for collaboration between government agencies and the private sector, and how to ensure the smooth flow of legitimate trade.

The panelists stress the importance of maintaining trade services during a shutdown and discuss the challenges of keeping trade flowing smoothly, especially at the southern and northern borders.

They highlight the operation of the CBP 'War Room' and emphasize the importance of seamless communication among trade agencies.

The conversation also covers the need for adequate staffing of partner government agencies in order to avoid disruptions to legitimate trade, and the responsibility of customs brokers to maintain compliance with import regulations.

Various insights and takeaways from the discussion include the significance of continuous support from partner government agencies, the need for importers to have access to necessary licenses and permits, and the potential consequences that a shutdown and lack of funding could have on facilitation of trade.

Megan Montgomery, Executive Vice President of the NCBFAA, reiterates the importance of their organization's advocacy in ensuring proper parties are in place during the potential shutdown.

This enlightening episode emphasizes the critical need for adequate preparation and coordination in the face of a looming government shutdown and its impact on international trade.

Enjoy the show.

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

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

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod 

Megan Montgomery - https://www.linkedin.com/in/megan-montgomery-a25b9112/ 

JD Gonzalez - https://www.linkedin.com/in/jd-jose-gonzalez-7132111/ 

Cindy Thomas - https://www.linkedin.com/in/cindy-thomas-08097084/ 

Karen Damon - https://www.linkedin.com/in/karen-damon-84866521/ 

NCBFAA - https://www.ncbfaa.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.

Dive into the labor market crisis and unravel the challege that surrounds the U.S. economy in Part 2 conversation with Craig Fuller, CEO of FreightWaves. Hosts Andy and Lalo discuss with renowned logistics expert, Craig Fuller, the intricate layers of the economic landscape that define today's workforce challenges.

Main Points

Labor Market Shortages and Rising Union Power: Craig Fuller unpacked the labor market's demographic challenges, which have led to significant labor shortages. Additionally, he explored the rising influence of unions, which have been empowered due to the scarcity of workers available for blue-collar jobs.

Impact of Undocumented Workers and Washington's Role: The episode also touched upon the complex relationship between America's workforce and its immigration policies. Fuller hinted at the political reluctance to address these issues comprehensively, exacerbating existing labor shortages.

Effects of Trade Policy on U.S. Exports and Job Creation: Fuller discussed how a lack of progress in forging new trade agreements and a staunch focus on green initiatives have impeded the United States's ability to uphold its export strength. He also underlined how these factors have negatively impacted job creation within the country.

Join us as we explore the complexities of today's labor markets and economic policies. This episode offers valuable insights and thoughtful analysis on crucial issues that influence the U.S. economy. Don't miss this opportunity to expand your knowledge - listen to the full episode now!

Enjoy the show!

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

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod 

Craig Fuller - https://www.linkedin.com/in/incab/

Craig Fuller (Twitter) - @FreightAlley  

FreightWaves - https://www.freightwaves.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.

Welcome to the latest episode of Simply Trade podcast. Dive headfirst into this richly immersive conversation as hosts, Andy and Lalo, steer the show into the logistical heart of trade. Tapping into logistics and its monumental role on the trade, they host a special guest, none other than the logistic guru and CEO of FreightWaves, Craig Fuller.  This is part 1 of 2 of our interview with Craig.

The hosts and Craig plunge into a fascinating exploration of various sectors:

1. Impact of COVID-19 on the Transportation Industry:

2. The Freight Industry's Recovery:

3. Boom and Bust Cycle in Logistics Industry:

This episode resonates with the subtleties of change within the logistical heartbeat of trade. The fresh insights Craig Fuller offers are invaluable, reflecting the indomitable resilience of the industry, pushing back against COVID-induced turmoil and heralding an imminent recovery.

Enjoy the show!

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

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod 

Craig Fuller - https://www.linkedin.com/in/incab/

Craig Fuller (Twitter) - @FreightAlley  

FreightWaves - https://www.freightwaves.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.

Welcome to a brand new episode of the Simply Trade podcast, where we simplify complex trade matters through captivating discussions and unconventional perspectives. In this episode, we break down some important conversations surrounding current trade topics, including:

China's electric vehicle subsidies: Are they sparking an unfair advantage in the global market? We explore the European investigation probing this matter.

U.S. Customs and Border Protection (CBP) interoperability standards in supply chain transparency: Learn how these standards facilitate streamlining data exchange and enhance decision-making processes at ports of entry.

The Panama Canal drought situation and its wider impact on global trade and logistics: Our hosts delve into the consequences of reduced vessel transits and extended backlogs on international trade.

Join us for an enlightening and engaging discussion.

Enjoy the show.

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

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

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.