Monday Dec 25, 2023
Simply Trade [News]: Compliance Check-In: Periodic Reminders on Evolving Regulations
In this festive episode we discuss how small changes to products or accepting certain gifts could impact tariff classifications or violate trade regulations during the holiday season. They provide real-world examples and explain how modifications like adding seasonal designs or receiving hampers from foreign officials need to stay compliant. Tune in to learn how to stay on the right side of international trade law while celebrating the holidays.
Main Topics:
- Gifts that could be seen as bribes when dealing with foreign officials
- Ensuring products or services don't go to sanctioned countries or entities
- How changing product compositions can alter tariff classifications
- Protecting third party intellectual property when selling branded items
- Country of origin rules if colors or materials come from different places
Enjoy the show!
Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
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/
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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.
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