[Weekly News Roundup] Bold Moves in Near-Shoring and Free Trade Agreements

Navigating the intricate world of international trade, this episode of Simply Trade, hosted by Annik and Lalo with guest Michelle Schulz, dives into global topics from Free Trade Agreements to the concept of near-shoring or friend-shoring.

 

Key Topics:

Michelle Schulz delves into the importance of having a Free Trade Agreement between close allies like the US and UK. She emphasizes the unexplored opportunities it could present.

The conversation pivots to friend-shoring as they examine the potential pros and cons of near-shoring in Canada, evaluating potential risks such as instigating trade wars or lowering Canadian households' purchasing power.

Lalo sets the stage for why Canada could attract businesses for near-shoring, citing factors such as a rich supply of minerals and the capability for eco-friendly manufacturing.

The group broadens the dialogue to explore the ripple effects of interconnected trade relationships. They ponder the potential implications of geopolitical tensions on nations' individuals.

The episode closes with a discussion on a PwC survey which reveals that while most companies recognize the need to reduce supply chain risk through technological improvements, a considerable gap exists between this realization and actual investment towards building resilience.

This episode offers a deep dive into today's trading landscape, bringing in unique perspectives, real-world scenarios, and thought-provoking dialogues. Don't miss out on this enlightening conversation. Listen to the full episode here. Don't forget to subscribe and leave a review!

Enjoy the show.

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 

Guest Host:
Michelle Schulz: https://www.linkedin.com/in/michelleschulztrade/ 
Website: https://www.schulztradelaw.com/ 

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:

• Advertising and sponsoring on Simply Trade

• Requests to be on the show as guest

• Suggest any topics you would like to hear about

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.