Weekly Trade Roundup: How Russia, China, and California’s Proposition 12 Impact Your Business!

In this episode, we discuss a range of international trade topics, including US government warnings to trade finance lenders, global security threats, California's Proposition 12, and an interesting German traffic law.

Topics discussed:

1. US Government Warning to Trade Finance Lenders: The importance of knowing your customers and their customers to avoid fines and sanctions related to breaches of Russia export controls.

2. China as the Biggest Global Security Threat: The potential impact of sanctions on China and how businesses might need to adapt by finding alternative sources for goods and services.

3. California's Proposition 12: A debate on the fairness of the law, its potential impact on businesses, and the possibility of it being challenged in court. This law requires imported meat, specifically pork, to meet specific animal welfare standards.

4. German Traffic Law: A discussion on the law prohibiting trucks over 7.5 tonnes from driving on Sundays and public holidays, and its potential impact on logistics and consumer expectations for delivery times.

We'd love to hear your thoughts on these topics and any suggestions for future episodes. Happy listening!

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://app.milanote.com/1M8bFD1P9F3c6G/mara?p=qFiiiJVFV2z

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