Simply Trade

Simply Trade [News]: Navigating the Unpredictable: EU VAT Overhaul, Panama Canal Bottleneck & Mexico’s Tariff Game-Changer

Step into the latest episode of Simply Trade's Weekly News Roundup podcast for a discussion into some of the most important international trade news currently shaping the global landscape. Join Annik, Lalo, and Andy as they delve into discussions of EU VAT and customs changes, shipping delays due to the Panama Canal drought, and Mexico's tariff increases. Join Annik, Lalo, and Andy as they break down these crucial topics and provide expert insights into their potential impact on businesses across the globe.
Main Points
The hosts discuss the upcoming changes to EU VAT and customs regulations for e-commerce platforms, with a particular focus on the implications for both the platforms and consumers.
The changes could potentially shift the responsibility of VAT and customs duties from consumers to platforms, starting in 2025.
Platforms may need to re-evaluate their systems and data accuracy to stay compliant with these changes.
Next, the conversation shifts to the severe drought causing delays and queue build-ups at the Panama Canal.
The hosts highlight the strategic importance of the canal for global trade routes and shipping times.
They discuss the need for contingency plans in the face of environmental challenges to minimize possible disruptions on supply chains.
Lastly, they explore the implications of Mexico's tariff increases in the most recent policy adjustment.
The hosts discuss the potential impact on import and export markets of scrapping the reduction scheme decreasing tariffs on certain sectors from 20%.
They emphasize the importance of staying informed about these changes to support businesses' compliance efforts and strategic decision-making.
This episode of Simply Trade is a must-listen for anyone engaged in international trade.
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/
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.

Transcending Trade: The NAFTZ Conference and its Impact on Global Commerce with Shannon Fura and Jeff Tafel

Welcome to the latest episode of the Simply Trade podcast. Andy and Lalo take an in-depth dive into Foreign Trade Zones (FTZs) and discuss the upcoming National Association of Foreign Trade Zone (NAFTZ) conference in Miami with guests, Shannon Fura and Jeff Tafel, both members of the NAFTZ board, sharing their expertise and insights. Some of the key topics discussed in this captivating episode include:
The crucial understanding of the FTZ regulatory framework where Shannon and Jeff emphasize the benefits of FTZs not only from an economic perspective but also for job creation and retention.
The need for more education and outreach to companies about FTZ benefits. This will positively impact the operational aspect and help businesses leverage FTZs better.
Discussion on the legislative and environmental changes challenging FTZ operations. Through their association, they advocate for the FTZ program and help to address these challenges.
They went into detail about the struggles faced by FTZs during the COVID-19 pandemic and how it significantly impacted FTZ operations, causing a shift towards remote compliance audits. Also, the conversation takes a turn towards the importance of balancing technology and human intervention in FTZ compliance audits.
Top insights from the annual NAFTZ conference, an essential event for executives and compliance personnel. The conference offers a deep dive into the practical applications of various trade compliance issues and is a valuable platform to connect with key decision makers and influencers.
The advanced uses of FTZs that can significantly improve cash flow and operations for enterprises, which is a crucial part of the agenda of the upcoming NAFTZ conference.
Overall, this episode serves as a comprehensive guide on Foreign Trade Zones and their significance to the global trade industry, providing valuable context and expert insights. Whether you’re a compliance personnel looking for answers, an executive aiming to advance your understanding of FTZs, or simply curious about the world of trade compliance, this episode has got you covered!
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:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod 
Shannon Fura - https://www.linkedin.com/in/shannon-fura-895a92a 
Jeff Tafel - https://www.linkedin.com/in/jeffrey-j-tafel-cae 
PageFura - http://pagefura.com/ 
NAFTZ - https://www.naftz.org/ 
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.

Understanding Trade Compliance and the role ICPA plays in the indsutry with Elisabeth Sherrell

Find out why trade compliance professionals all over the world believe "the weight of the world is on their shoulders," and how the International Compliance Professionals Association (ICPA) was created to help with that. Your hosts, Andy and Lalo, are joined by Elisabeth Sherrell, the Director of Member Engagement for the International Compliance Professionals Association (ICPA).
Key Discussions
The episode explores the role of the ICPA as the largest trade association focusing on import/export compliance worldwide. With an impressive network of connections both here and abroad, the hosts discuss the resources and support that are available to trade compliance professionals through the ICPA platform.
Elisabeth Sherrell, who has been involved with the ICPA since its early days, shares her intriguing journey through the field of trade compliance, including her passion for member engagement.
The episode’s conversation covers a range of topics, from the importance of ongoing education (Sherrell recently completed her master's degree) to how the trade compliance profession spans continents and cultures. A key insight from Sherrell emphasizes the universal pressures these professionals face: “If they get it wrong, it's their license on the line,” she says.
After listening to this episode, you will certainly gain a deeper appreciation for the hard work that goes into international trade compliance. Elisabeth Sherrell’s amazing journey, as well as her ongoing commitment to support the members of ICPA, shines a light on the crucial role of these professionals in the global economy. If you’ve ever pondered what life in trade compliance looks like or wondered about the value of a global trade compliance network like the ICPA, this episode paints a vivid picture.
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:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod 
Elisabeth Sherrell
Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 
ICPA - www.ICPAinc.org  
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.

[Weekly News RoundUp] - Who’s Doing What in Trade This Week - Oh Wait, China is Back In the News

The latest episode of Simply Trade podcast is a rollercoaster journey through the topsy-turvy world of international trade laws, intellectual property regulations, and technological advancements. Host Annik steers the ship with help from Lalo, and Andy, delivering information, insights, and some surprising revelations to create a riveting listen that you won't want to miss.
In this engaging episode, the hosts dive into a handful of intriguing points:
Celebrating a major milestone of 10k downloads, with significant contributions from Lalo and Andy. This victory set an even ambitious target of 20k downloads, signifying the podcast's growing popularity.
Discussion revolving around the current U.S and China relations, shedding light on the complexity of their trade relationship. Our hosts help unravel why the Biden administration is imposing a ban on new investments in China's sensitive high-tech industry and what it means for international trade.
Exploration of how these restrictions impact both U.S companies wanting to invest in China and Chinese companies operating in the U.S.
By focusing on the intersecting worlds of international trade, technology, and strategy, this episode of the Simply Trade podcast provides an invaluable look at the ins and outs of the international trade landscape. The hosts remain informative and engaging throughout, making the topic accessible and interesting even to those unfamiliar with the subject.
Whether you are a newbie in the realm of international trade laws or a seasoned industry expert seeking more insights, there is something for everyone in Simply Trade podcast.
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/
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.

The GTEC Wrap Up Show - Oklahoma City Conference

This episode is a roundup of the GTEC Conference in Oklahoma City on July 30 through August 1, 2023.  
Enjoy the show!
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Guest Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod 
Gerard Horner - https://www.linkedin.com/in/gerard-horner-073508237/
Census Bureau - www.Census.gov 
Erin Otto - https://www.linkedin.com/in/erin-otto-274833271/ 
USDA - www.aphis.usda.gov 
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.

[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.

[GTEC Conference] Decoding the Biggest Transnational Crimes: Lacey Act & Its Role in Trade Compliance - Conversation with USDA and Census Bureau

The most recent episode of the Simply Trade Podcast provided listeners with priceless insights into the world of trade. The conversation was held live from GTEC Conference in Oklahoma City, an event in the trade industry. The hosts, Lalo and Andy, interviewed key representatives from the Census Bureau and the USDA, among others.
In an exciting recap of the conference, the hosts pinpointed the significance of the sessions, speakers, and exhibitors - who stood out for their ability to educate attendees and present solutions to industry challenges.
Key Conversations
Census Bureau: Gerard Horner delved into the inner workings of the Census Bureau, stating its role in accurately logging the import and export of commodities, which form a crucial part of trade figures. He emphasized the need for exporters and importers to provide comprehensive data.
USDA: Erin Otto, who's been with the USDA for 18 years, detailed the Lacey Act. She mentioned that the act states that any imported or exported item must be legally harvested worldwide. The discussion centered on the upcoming Phase Seven, focusing on non-composite plant materials. Otto clarified the difference between composite and non-composite materials, with the former involving plant materials that have been torn apart and reconstructed using chemical or mechanical binding. Phase seven will include household items like kitchenware, furniture, and bulk cork, along with more essential oils, among others.
A noteworthy point in the discussion was Otto's mention about the Lacey Act being enforced as a deterrent for unlawful logging and deforestation, which are among the top transnational crimes in the world, below counterfeit goods and drugs. She also advised staying vigilant about the Federal Register Updates for the publication of HTS codes flagged for Lacey Act regulations.
The hosts stressed the significance of getting things right initially in compliance tasks despite possibly consuming more time. Any errors can lead to severe impacts, such as a risky compliance record and even the seizure and detention of shipments.
Whether you're a seasoned trader or starting in the industry, this episode brims with invaluable insights that you wouldn't want to miss. You'll get an understanding of how federal agencies, specifically the Census Bureau and the USDA, impact the trading industry. Listen to the full episode for an enlightening discussion, and don't forget to subscribe and leave a review for the Simply Trade Podcast. They continue to deliver educational conversations from the heart of the industry.
Enjoy the show!
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Guest Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod 
Gerard Horner - https://www.linkedin.com/in/gerard-horner-073508237/
Census Bureau - www.Census.gov 
Erin Otto - https://www.linkedin.com/in/erin-otto-274833271/ 
USDA - www.aphis.usda.gov 
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.

[Weekly News Roundup] Consequences of NAFTA, Deconstructing ’Free Shipping’ & Analyzing Japan’s Tech Sanctions

Host Annik is joined by Andy and Lalo, in an riveting episode of Simply Trade podcast, where they unravel the intricacies of NAFTA and its hidden compliance complexities, debunks the reality of so-called free shipping offers by retailers, and delve into Japan's recent sanction on AI Chip making equipment.
The Continuing Importance of NAFTA Compliance:
Despite the transition to USMCA, businesses must still prove NAFTA compliance up to five years after the claim.
With Mexico's tax authority, SAT (Servicio de Administración Tributaria), conducting audits, companies must ensure proper duties and taxes have been collected.
The Real Cost of Free Shipping:
As shipping costs rise, retailers are increasing the minimum order amounts to qualify for free shipping.
These pricing adjustments are ways for retailers to balance their increased costs and maintain their profit margins.
Japan's Sanction on AI Chip Making Equipment:
Japan has imposed stringent sanctions on the export of AI chip-making equipment to certain countries.
This action could potentially create ripple effects in the global tech industry, affecting businesses and consumers.
Unearth hidden insights into NAFTA compliance, the reality of free shipping, and the impact of Japan's AI chip-making equipment sanctions in this informative episode of Simply Trade podcast! Join Annik, Andy, and Lalo as they share their expert knowledge and experience.
Stay on top of latest trade insights by subscribing to Simply Trade podcast, and don't forget to leave a review. Your support brings these important conversations to a wider audience!
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/
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.
 

Bold and Authentic: How Sarah Barnes-Humphrey Claimed Her Place in Logistics and Supply Chain World

Ever wondered what it's like being a woman in the traditionally male-dominated logistics and supply chain industry? Dive into the latest episode of the Simply Trade podcast, where the hosts, Andy and Lalo, are joined by a special guest, Sarah Barnes-Humphrey and guest host Annik Sobing. As an accomplished professional and the founder and host of two prominent podcasts, Let's Talk Supply Chain and Blended, Sarah opens up about her experiences and offers valuable insights into the world of logistics and supply chain.
Main Points
Sarah Barnes-Humphrey's extensive background in trade includes being a board member of the Forum for International Trade Training and the founder of both Let's Talk Supply Chain and Blended, podcasts focusing on diverse topics in supply chain and inclusion in the workspace.
Sarah shares her journey through highs and lows in her career and emphasizes the importance of putting one foot in front of the other, focusing on personal interests, and learning new skills during challenging times.
Authenticity is highlighted as an essential factor in her success, with Sarah mentioning how embracing her true self without pretending to be someone else helped build a genuine connection with her audience.
The conversation touches on the reality of being a woman in the supply chain industry, exploring how Sarah navigated this male-dominated space, her unique perspectives, and experiences.
This insightful episode of the Simply Trade podcast offers a rare and engaging look into the world of logistics and supply chain, as well as the experiences of women in the industry. Sarah's honest conversation and key takeaways make for a truly thought-provoking listen. Don't miss out on this opportunity to learn from an accomplished trade professional and gain knowledge that could help you in your own journey.
To stay up-to-date on future episodes, subscribe to the Simply Trade podcast and leave a review to show your support. Happy listening!
Enjoy the show!
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Guest Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod 
Sarah Barnes-Humphrey -  https://www.linkedin.com/in/sarahbarneshumphrey/
Let's Talk Supply Chain and Blended Podcasts - https://letstalksupplychain.com/podcast/
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.

[Weekly News Roundup] Digital Services Taxes, Human Rights Sanctions, and Inflation Outlook

This week's trade news roundup talking about three news events for the week.  First up is Canada refusing to extend a freeze on digital services taxes, the second about a proposed US bill to sanction companies enabling human rights violations in China, and the third about inflation outlook and consumer sentiment. 
Main Points- Canada is refusing to join an agreement to extend a freeze on digital services taxes, which would allow Canada to tax digital services like online shopping, streaming, banking, etc. This could negatively impact e-commerce but generate revenue for Canada.
- The proposed US bill would sanction foreign companies that enable human rights violations against Uighurs in China. Andy and Lalo believe the bill will likely pass due to political pressure.
- Andy believes the article claiming inflation outlook is brightening is misleading, as inflation and prices are still significantly higher than normal.
- Trade volumes will likely continue to rise overall but have shifted away from China to other countries due to forced labor concerns
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/
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.