Monday May 06, 2024
Simply Trade [News]: International Trade Strategies: Lessons from Volvo on Compliance and Remaining Competitive
Learn how truck inspections at the US-Mexico border are impacting cross-border trade and how companies like Volvo are navigating international trade regulations. Context: On this episode of Simply Trade, Annik, Andy, and Lalo discuss recent news articles related to international trade. Topics include increased truck inspections at the US-Mexico border, Volvo's entry into the US electric vehicle market, US-China trade tensions, and potential retaliation from Russia over US sanctions.
Main Topics:
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Increased truck safety inspections at the US-Mexico border are causing delays of over 8 hours but may be politically motivated to pressure Mexico on immigration issues.
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Volvo is importing Chinese-made electric vehicles and using duty drawback programs to offset tariffs, undercutting competitors like Tesla and benefiting consumers.
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Companies must carefully consider international trade regulations and find strategic workarounds like Volvo to remain competitive globally.
Learn practical insights on navigating international trade challenges from cross-border logistics to regulatory compliance from industry experts Annik, Andy and Lalo.
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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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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