Simply Trade [News]: Forced Labor, New Chinese Tariffs, AI Regulations

Stay on top of ever-changing trade regulations and global issues with this roundup of the latest news from the Simply Trade podcast

In this episode of the Simply Trade podcast, host Annik talks to Andy, and Lalo about the latest developments in US-China trade relations, including new restrictions on Chinese cotton imports and increased tariffs. They also cover an AI meeting between the US and China, updates on electric vehicles, and more.

Main Topics:
- US blocks imports from 26 Chinese cotton traders over forced labor concerns in Xinjiang region
- Study finds 19% of products tested contained Xinjiang cotton despite claims of being US-made
- Little progress from US-China meeting on AI regulations as both seek to shape global standards
- US increases tariffs on Chinese medical masks and gloves to bolster domestic industry
- Biden adds tariffs on Chinese EVs and batteries to promote zero-emissions vehicles in North America

Key Takeaways:
- Companies must carefully vet supply chains to avoid restricted goods from China
- Open source software can help small businesses comply with regulations
- Potential threat of Chinese EVs being "dumped" in US market due to subsidies

Enjoy the show!

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/

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

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