Simply Trade [News]: Expanding to New Markets - How China Became a Top Global Auto Exporter

This episode of Simply Trade takes a closer look at recent developments impacting international businesses. Hosts Annik, Lalo, and Andy talk about unfair trade allegations in the paper plate industry and discuss strategies for navigating trade duties. They also explore the IMF's 2024 economic outlook and how data-driven decisions can boost supply chain resilience. The episode provides insights into China's rising auto export power and unpacks Russia's unique trade geography. Tune in for the latest global market updates and actionable advice on expanding to new international opportunities.

Unfair Trade Practices in the Paper Plate Industry 
Hosts discuss recent anti-dumping and countervailing duty petitions filed against paper plate imports from China, Taiwan, and Vietnam. The American paper industry alleges unfair dumping is harming domestic businesses.

Preparing for Trade Duties and Economic Growth
Countervailing duties can be imposed in addition to anti-dumping duties, potentially reaching triple-digit percentages. Annik shares the IMF's positive 2024 growth outlook and factors contributing to it.

Adjusting Business Expectations amid Economic Uncertainty
Andy emphasizes the need for realism over optimism when forecasting business growth despite positive outlooks.

China's Rising Auto Export Industry
China is becoming a major global auto exporter, surpassing Japan in 2022. Russia is China's top auto export customer due to sanctions against other nations.

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Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

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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