Simply Trade [News]: Latest Developments in Taxation, Sanctions Compliance and Green Initiatives

The GTC Media podcast discusses the latest developments in international trade, with insights on digital taxation, sanctions, green energy, and forced labor. Tune in for a roundup of global trade news.

Main Points
- Digital taxation at the WTO could impact consumers through higher prices for online goods and services. Governments see this as a revenue opportunity, while consumers want to avoid new taxes.

- Sanctions on Russia pose challenges for international supply chains. Businesses must regularly update restricted party lists and vet new customers/suppliers to avoid sanctions violations.

- Egypt aims to become a leader in green hydrogen production through a $40 billion investment, showing renewable energy initiatives are here to stay. Hydrogen can also be extracted from fossil fuels as a cleaner alternative fuel.

- Allegations of forced labor in Teemu's supply chain highlight the need for online retailers to properly vet vendors and source goods ethically to avoid legal issues and consumer backlash.

This insightful podcast discusses timely international trade issues and their implications. Listeners gain valuable perspectives on navigating taxation, sanctions compliance, renewable energy opportunities, and the importance of ethical sourcing in global supply chains.

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/ 

Guest Host: Renee Chiuchiarelli - https://www.linkedin.com/in/renee-chiuchiarelli-8964a19/ 

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.