Maximize Your Global Trade Earnings: Unravel the Benefits of Drawback with Ed Hamilton and Alison McDonald of DHL

Welcome to another episode of Simply Trade Podcast, where we explore the complex world of drawback in international trade. Join our hosts, Andy and Lalo, as they engage in a discussion with Ed Hamilton and Alison McDonald, experts in the field of import-export and more specifically drawback. Gain valuable insights into the challenges, benefits, and process of drawback to make the most of this essential trade tool. 

Key Takeaways

• Understanding the concept of drawback and its significance in international trade

• Identifying the challenges and opportunities associated with drawback

• Navigating the process of entering the drawback program

• Practical tips and advice from industry experts

Understanding Drawback in International Trade

• Ed Hamilton and Alison McDonald share their expertise on the importance of drawback as a refund of duties paid on imported goods that are subsequently exported.

• The panel discusses the challenges businesses often face when trying to navigate the drawback process, as well as the benefits of mastering this trade tool.

Entering the Drawback Program: The Process

• The DHL experts outline the steps involved in entering the drawback program, providing practical tips and advice for businesses looking to take advantage of this opportunity.

• They also discuss the importance of understanding the regulations and requirements associated with drawback to ensure compliance and success.

Expert Advice on Drawback Success

• Ed and Alison share their experiences and insights into the world of drawback, offering valuable advice for businesses looking to successfully navigate this complex trade tool.

• The panel highlights the importance of staying informed and up-to-date on regulations and best practices to maximize the potential of drawback in international trade.

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://app.milanote.com/1M8bFD1P9F3c6G/mara?p=qFiiiJVFV2z

Show Resources

• Global Training Center - www.GlobalTrainingCenter.com

• Simply Trade Podcast - twitter.com/SimplyTradePod 

• Ed Hamilton - https://www.linkedin.com/in/edhamiltonjr/ 

• DHL Drawback Services - https://www.linkedin.com/company/dhl-drawback-services/ 

• U.S. Customs and Border Protection - Drawback - Information on the drawback program

Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:

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• Requests to be on the show as guest

• Suggest any topics you would like to hear about

Thank you for tuning in to this informative episode of Simply Trade. We hope you've gained valuable insights into the world of drawback and its role in international trade. Don't forget to subscribe to our podcast for more expert insights on import-export topics. We'd also love to hear your thoughts on this episode – share your comments and experiences with us on our LinkedIn account.

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.