Simply Trade [News]: Navigating Geopolitical Tensions and Supply Chain Disruptions in International Trade

This episode of the Simply Trade podcast discusses how businesses can adapt to geopolitical tensions and protect their supply chains. Guests also cover the impact of tariff deactivations and importing prescription drugs from Canada.

Key Takeaways

• Businesses need to diversify suppliers and find alternative sourcing options to protect against supply chain disruptions from geopolitical tensions.
• Reaching tariff exclusion thresholds can result in unpaid duties if imports exceed the limit. Companies must closely monitor import volumes.
• Importing prescription drugs from Canada could lower costs for consumers but faces resistance from big pharmaceutical companies in the US.

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.