With everchanging trade policies around the world, it is more important than ever to write strong tariff protections in your contracts for both you and your trade partners.
Marina Mekheil from Schultz Trade Law reveals the essential strategies for protecting your business in an increasingly complex global trade landscape. With tariffs and enforcement actions threatening business operations, understanding contract nuances has never been more important.
"Your contracts have teeth... it's not ugly to write contract terms that are clear." - Marina Mekheil
Connect with Marina:
website: https://www.schulztradelaw.com/our-team/marina-mekheil
LinkedIn: https://www.linkedin.com/in/marina-mekheil-84aa85b1/
Contract Clarity is KingAlways have written agreements, not just verbal understandingsInclude explicit terms about duty payments, customs clearance, and tariff responsibilitiesCreate flexibility with renegotiation clausesProtect Your BusinessInclude arbitration clausesAdd indemnification agreementsRequire transparency on HTS codes and tariff calculationsConsider test contracts with new trading partnersProactive Compliance StrategiesInvolve multiple departments in trade complianceUnderstand the implications of Incoterms beyond surface-level interpretationsBe prepared for rapid regulatory changes
In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬
Recommended Resources:
Check out these courses we offer here at GTC! 👀🌎
📩Importing https://globaltrainingcenter.com/importing-procedures/
😵💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/
🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/
👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/
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Contact Us/ Suggest Topics
Contact: [email protected]
Credits:
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/