Thursday Jul 20, 2023
Winning the Import Game with HTS Chapter 98: From Duty Savings to Insider Perspectives with Elaine Bragg, Michele Snider, and Julian Reynolds
Get ready to dive deep into product classification's impact on import duties, as customs attorney Elaine Bragg shares her expertise on HTS Chapter 98. In addition, we engage in a conversation with Michele Snider and Julian Reynolds, of Buckland, to discuss their industry experiences and perspectives.
Key Takeaways
A. Mastering HTS Chapter 98
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Elaine Bragg reveals the hidden potential of HTS Chapter 98, which can bring significant duty savings when used correctly.
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An intriguing case study demonstrates a real-world example of using Chapter 98 to reclassify products and achieve cost benefits.
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Bragg emphasizes the importance of understanding and following Chapter 98 rules, as well as maintaining proper documentation.
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Common classification errors and how to avoid them are also highlighted.
B. Industry Insights from Buckland Professionals
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Michele Snider and Julian Reynolds introduce themselves and share their experiences in global trade.
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They discuss the importance of collaboration, even among competitors, and the challenges of adapting to changing regulations and workforce labor issues.
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Julian highlights the human side of the supply chain and emphasizes the role of communication, compliance, visibility, and cost management.
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The conversation elaborates on challenges faced by the industry, such as communication breakdowns and supply chain inefficiencies.
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Michele and Julian stress the necessity of aligning expectations with customers and fostering transparent communication.
This episode of the Simply Trade Podcast offers valuable insights into optimizing product classification with advice from Elaine Bragg on the power of HTS Chapter 98. Additionally, it provides fresh perspectives from Buckland professionals Michele Snider and Julian Reynolds, who share their experiences and address industry challenges. Gain a clearer understanding of the current landscape by listening to this informative episode
Enjoy the show!
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/
Show references:
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Global Training Center - www.GlobalTrainingCenter.com
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Simply Trade Podcast - twitter.com/SimplyTradePod
- Elaine Bragg - https://www.linkedin.com/in/elaine-bragg-730b523/
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Michele Snider - https://www.linkedin.com/in/michele-snider-17a40a29/
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Julian Reynolds - https://www.linkedin.com/in/reynoldsjulian/
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Buckland Brokerage/Trade Services: https://www.buckland.com/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
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Requests to be on the show as guest
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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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