Simply Trade

In this episode, Andy and Lalo are joined by Thomas Taggart from Passport, a company that provides trade compliance solutions for e-commerce merchants. The group discusses various topics related to trade compliance and e-commerce, highlighting the importance of accurate documentation and procedures to avoid delays and fines.

They also touch on specific issues related to e-commerce, such as de minimis values, indirect taxes, and landed costs, emphasizing the importance of accurate commercial invoice data. The role of technology in e-commerce and trade compliance is also discussed, with a focus on how technology can streamline the process of customs clearance.

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod 

Thomas Taggart - https://www.linkedin.com/in/trtaggart/ 

Passport - https://passportshipping.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 new segment of the Simply Trade Podcast.  We are looking to provide more information regarding trade.  This new segment will summarize relevant trade stories for the week.  

Annik Sobing will be hosting this segment while Andy and Lalo contribute their two cents on those news stories.

In today's episode, we'll be discussing the following topics in trade:

First up: freight theft has become a growing problem within the US supply chain. Thieves are targeting high-value goods such as electronics, pharmaceuticals, and food and beverages. The pandemic has disrupted global supply chains, making it more challenging for companies to implement adequate security measures.

Secondly, the US goods trade deficit has widened due to the pandemic's impact on global trade flows. There has been a decline in exports, particularly in the areas of civilian aircraft and soybeans.

Finally, the United States and Japan have reached a deal to increase the supply of electric vehicle battery minerals and reduce reliance on China. The two countries have agreed to cooperate on developing technologies to extract and process these minerals.

As companies continue to grapple with these complex issues, they must adapt and innovate to ensure they can thrive in the global marketplace. Join us as we explore these topics in more detail and discuss the implications for businesses operating in the current economic climate.

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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 discuss the dilemma faced by businesses when it comes to choosing between compliance and pursuing new market opportunities. Together with our guest, Leslie August, we explore the tension between these two approaches and provide insights on how individuals can navigate this tension in their roles.

Leslie talks about the concept of regulation-focus versus opportunity-focus, where one approach prioritizes compliance with regulations and the other prioritizes the pursuit of opportunities. This episode highlights the importance of striking a balance between these two approaches to ensure the long-term success of a business.

We also provide insights on how individuals in compliance roles can perform their roles differently by adopting a more proactive, opportunity-focused approach to compliance. This may involve engaging with regulators, staying up-to-date on industry trends and changes, and actively seeking out new market opportunities.

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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 week's episode is a recap of the 2023 ICPA Conference that took place in Orlando Florida from March 12 through March 15.  Enjoy clips and excerpts of the many different conversations we had at the conference.

Watch for full episodes of the different people we talked to in the upcoming weeks.

Tune in to Simply Trade podcast for more valuable insights on international trade!

Enjoy the show.  

Video available on www.Crowd.Trade

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

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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 Simply Trade podcast! This week's episode features expert guest Jeremy Page, discussing Foreign Trade Zones and their benefits.

Firstly, Page clarifies that Foreign Trade Zones are not the same as Free Zones, and delves into the history of the zone program and the agencies overseeing it, including the FTZB and CBP. Other players, such as the Grantee, Operator, User, and Administrator, are also discussed.

Next, the requirements to participate in Foreign Trade Zones are outlined, including the necessary applications and approvals, manual requirements, bond, inventory control and recordkeeping systems, and reporting obligations.

Page then explores the benefits and costs of Foreign Trade Zones. Benefits such as inverted tariff, direct delivery, re-export, duty deferral, zone to zone transfers, and use as an export manufacturing platform are discussed, as well as the weekly entry (with noteworthy UFLPA implications). Costs include grantee support, bond, ICRS, use of bonded carriers, headcount, and CBP engagement.

Lastly, current issues with Foreign Trade Zones are explored. These include the absence of USMCA benefits for goods withdrawn from the zone for domestic consumption, USMCA (and formerly NAFTA) duty deferral limitations, and the lack of de minimis benefits.

Tune in to Simply Trade podcast for more valuable insights on international trade!

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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 continue our conversation with Lawrence from last week's episode.

Lawrence Hanson, an international trade law expert, joins the show to examine the current successes and shortcomings of world trade law. He explains the role of international trade law in global trade and discusses the creation of the World Trade Organization and the establishment of trade agreements as successes. However, he also highlights the shortcomings of international trade law, such as the lack of enforcement mechanisms and the rise of protectionism, and discusses the challenges of balancing free trade with protecting domestic industries and workers. Lawrence shares his thoughts on the future of international trade law, including the need for more collaboration among countries.

Overall, this discussion provides valuable insights into the state of international trade law and its impact on global trade. As international trade continues to evolve, it is important to understand the strengths and weaknesses of existing trade laws and work towards a more collaborative and effective system that promotes free and fair trade.

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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, Lawrence Hanson, an international trade law expert, joins the show to examine the current successes and shortcomings of world trade law. He explains the role of international trade law in global trade and discusses the creation of the World Trade Organization and the establishment of trade agreements as successes. However, he also highlights the shortcomings of international trade law, such as the lack of enforcement mechanisms and the rise of protectionism, and discusses the challenges of balancing free trade with protecting domestic industries and workers. Lawrence shares his thoughts on the future of international trade law, including the need for more collaboration among countries.

Overall, this discussion provides valuable insights into the state of international trade law and its impact on global trade. As international trade continues to evolve, it is important to understand the strengths and weaknesses of existing trade laws and work towards a more collaborative and effective system that promotes free and fair trade.

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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 back to Simply Trade. In this episode, we will be discussing how companies can, and in some cases should, outsource trade compliance tasks that may be too time-consuming or difficult to handle in-house, allowing them to focus on more important compliance tasks.

Our guests, Joe Burks and John Mack of Vigilant GTS will provide insights into their experiences with outsourcing, the benefits of outsourcing, and how companies can ensure they are working with the right outsourcing partner.

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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, we talk about the importance of staying updated in international trade regulations and utilizing resources to do so. Benita Lee, an experienced international trade professional, shares insights on how businesses can keep up with the latest changes and updates in trade regulations.

She emphasizes the need for continuous learning and training to stay informed about the latest rules and regulations. She also discuss the benefits of attending trade conferences and networking with peers in the industry.

If you are a business owner or trade professional looking to stay informed about the latest developments in international trade regulations, listen in as we discuss resources that could help you. Join us as we delve into the complexities of global trade and explore ways to stay ahead of the game.

Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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 Simply Trade Podcast where we explore the latest developments and best practices in the world of trade compliance. In this episode, we have two special guests from the NCBFAA Education Institute (NEI), a leading organization dedicated to providing trade professionals with the necessary tools for success in the industry.    

Our guests today are the most recent former director of NEI, Federico “Kiko” Zuñiga and the current director Cynthia Whittenberg.  Kiko and Cynthia will provide insights into the role of the NEI in providing trade-specific certifications to trade professionals and working with organizations, such as Global Training Center, to maintain those certifications through accredited continuing education.    

They'll share their experiences in working in the industry and where they have seen the benefits on staying updated with regulations through education.  Furthermore, helping us understand the reasons, circumstances, and benefits as to why the U.S. government will begin a program soon requiring Licensed Customs Brokers to maintain their certifications though continued education.  Enjoy the show.  

Full show with video available on www.Crowd.Trade

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

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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.