Forced labor is a growing issue in global trade, with 28 million people affected and $236 billion in profits made annually. Are you aware of the risks in your supply chain?

In this episode of the Simply Trade podcast, host Annik sits down with Renee Chuichiarelli, an expert on forced labor compliance, to dive deep into this critical topic. They discuss the alarming statistics, personal stories, and regulatory changes that every international trade professional needs to know.

Main Points/Takeaways: - Forced labor is defined as work extracted under threat of penalty without voluntary consent. It's a widespread problem, with migrant workers being 3 times more likely to be affected. - Renee shares shocking personal stories of forced labor victims, highlighting the lack of awareness and generational acceptance of these practices in some communities. - Regulatory bodies like the ILO and US Department of Labor are ramping up enforcement, with the Uyghur Forced Labor Act expanding to cover more entities and high-risk sectors like solar panels and automotive parts. - As an importer, you need to be aware of the Entity List, high-risk sectors, customs guidance, and detention processes to ensure compliance. Educating your team, auditing your supply chain, and leveraging technology are key steps. - GTC is offering a specialized forced labor compliance course, taught by Renee and experts with firsthand experience, to provide a comprehensive, hands-on approach to this critical issue.

Forced labor is a complex, evolving challenge that requires vigilance and action from all international trade professionals. This episode provides valuable insights and resources to help you navigate the risks and protect your business.

Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/

Find us on YouTube: https://www.youtube.com/@SimplyTradePod

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

Guest Host: Renee Chiuchiarelli: https://www.linkedin.com/in/renee-chiuchiarelli-8964a19/

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.

Navigating the Customs Clearance Challenges of the E-Commerce Era

"CBP's limitations in staffing and facilities have resulted in a reimbursable program that is understaffed and unable to keep up with the volume of cargo." - Cindy Allen

The rise of direct-to-consumer e-commerce has upended traditional trade flows, leaving customs authorities struggling to adapt. In this episode, industry experts Cindy Allen and Andy dive deep into the history and challenges of de minimis regulations, the strain on customs resources, and the need for new solutions to modernize global trade.

Main Points/Takeaways: - Customs was not happy with the structure of direct-to-consumer sales, where big box retailers were still the importers but the sale was not listed until the goods arrived in the US. - Customs officers were overwhelmed by the volume of individual shipments, leading to backlogs and delays as they tried to manually process thousands of entries. - Collaboration between industry and government was key to streamlining the customs clearance process, such as the development of the Type 86 entry for express carriers. - Cindy Allen provides insights on how the evolution of e-commerce and customs regulations have impacted the logistics industry. - Andy shares his perspective on the need for customs to provide reimbursables and require private sector facilities to handle the surge in package-level freight.

Wrap-up: This conversation is essential listening for anyone invested in the future of international trade, importing, and exporting. Cindy and Andy offer an insider's perspective on the complex challenges facing customs authorities and logistics providers, and the innovative solutions needed to adapt to the e-commerce era.

Enjoy the show!

Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/

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

• Cindy Allen - https://www.linkedin.com/in/cindy-allen-a3188210/

• Trade Force Multiplier - https://tradeforcemultiplier.com/

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.

In this episode of the Simply Trade News, hosts Annik, Andy, and Lalo dive deep into the latest developments in the international trade landscape. From the ongoing challenges in the solar panel industry to the skyrocketing shipping rates and the tightening of Russian sanctions, this episode offers a comprehensive overview of the critical issues facing trade professionals.

Main Points/Takeaways:

1. US Solar Panel Manufacturers Seek Tighter "Made in USA" Rules: US solar panel manufacturers are pushing for stricter rules governing tax credits for solar projects using domestic components. The current loophole allows developers to meet the content threshold without using American-made solar panels, which raises concerns about the use of forced labor in China's solar industry.

2. Soaring Shipping Rates from China to the US: Container shipping rates from Shanghai to US destinations are reaching almost $10,000 per standard 40-foot container, with industry experts predicting a potential rise to $20,000 per container in the future. This trend is driving importers and industry experts to explore alternative sourcing options, such as near-shoring, to mitigate the impact on their supply chains.

3. Switzerland's Crackdown on Russian Sanctions Violations: Switzerland has launched investigations into over 50 potential sanctions violations related to Russia's invasion of Ukraine, with 15 penalties imposed so far. This development highlights the increasing global efforts to enforce sanctions and the importance for trade professionals to stay up-to-date on compliance requirements.

This episode of the Simply Trade podcast provides valuable insights for trade professionals navigating the complex and ever-changing global trade landscape. By staying informed on the latest developments, such as the solar panel industry's push for tighter "Made in USA" rules, the skyrocketing shipping rates, and the global crackdown on sanctions violations, trade professionals can better position their businesses for success in the face of these challenges.

Enjoy the show! Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here: https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/

Find us on YouTube: https://www.youtube.com/@SimplyTradePod

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.