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Simply Trade

Simply Trade

Auteur(s): Global Training Center
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À propos de cet audio

 Do you find yourself randomly classifying products… when you are not at work? Does the reason why you jump out of bed every morning have anything to do with validating your supply chain to insure trade compliance? Did you sit in your favorite chair with a glass of wine, paging through the latest regulations and thought to yourself, ‘what a great way to spend my free time’? If any of these apply to you, then you are very likely a ‘trade geek’… that is why we created Simply Trade just for you. Your hosts, Andy and Lalo have a combined 60+ years in the industry. Covering everything from logistics to technology. There is so much to learn with the ever-evolving world of trade. We’ve invited some friends over to our podcast to simply ’shoot the ship’ on all things trade. So join us every week as we discuss current and important trade topics with experts in their field who are passionate about helping you succeed! You’ll never run out of things to learn when it comes to trading goods across international borders. Let’s get to it!Copyright 2024 All rights reserved. Économie
Épisodes
  • [ROUNDUP] Pharma Trade Compliance Pressures with Elizabeth Lomax

    [ROUNDUP] Pharma Trade Compliance Pressures with Elizabeth Lomax
    Nov 3 2025

    Host: Annik Sobing Guest: Elizabeth Lomax, Trade Compliance Consultant (Pharma Specialist) Published: October 23 Length: ~25 minutes Presented by: Global Training Center

    In this Simply Trade News Roundup, host Annik sits down with leading trade compliance consultant Elizabeth Lomax to tackle the timely and turbulent world of the pharmaceutical supply chain. With shifting trade rules, tariff threats, and regulatory uncertainty dominating industry headlines, Elizabeth shares real-world insight into how manufacturers—especially smaller innovators—are navigating anxiety, adapting compliance processes, and preparing for possible disruption. The conversation breaks down executive orders, HTS code strategy, the impact of de minimis changes, and the crucial role of documentation.

    Together, they address how ongoing tariff debates, differential exemption policies, and rapid-fire policy shifts are shaping both immediate risk and long-term strategy for pharmaceutical companies of all sizes.

    What You’ll Learn in This Episode
    • The state of pharma tariffs, exemptions, and compliance in 2025
    • “Big Pharma” vs. smaller innovators—who the rules favor, and why
    • How executive orders and truth social posts differ from enforceable policy
    • HTS code strategies, annex exemptions, and documentation best practices
    • How tariffs and cash flow risks hit small businesses hardest
    • What de minimis no longer means for the industry in practice
    • The impact (and irony) of U.S. policy on drug pricing, shortages, and innovation
    • Why ACE reports and robust recordkeeping are make-or-break for compliance
    • How to model tariff scenarios and strengthen your playbook—no matter what comes next
    Key Takeaways
    • “Tariff anxiety” is real—prepare processes, but don’t panic over shifting headlines
    • Accurate classification, valuation, and country of origin are your best defense
    • Small pharma faces unique hurdles when policy focuses on negotiation and volume
    • Stay plugged in to new developments and keep your compliance documentation airtight
    • Trade teams may need added resources or automation to keep pace with a volatile landscape
    • ACE reporting, scenario modeling, and strategic partnerships can help mitigate future shocks
    Resources
    • FDA Policy Updates
    • ACE Reporting Guides
    • Global Training Center’s Three Pillars Course
    Credits

    Host: Annik Sobing Guest: Elizabeth Lomax Producer: Lalo Solorzano

    Subscribe & Follow

    New episodes every week. Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals. 👉 www.GlobalTrainingCenter.com

    Connect with us: Simply Trade Podcast on LinkedIn Global Training Center on LinkedIn YouTube Spotify Apple Podcasts Trade Geeks Community

    Don’t forget to rate, review, and share with your fellow trade geeks! Want to Be on the Show or Have Topic Suggestions? 📩 Reach us at SimplyTrade@GlobalTrainingCenter.com or DM us on Twitter/X @SimplyTradePod
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    27 min
  • [Cindy’s Version] All Aboard the Crazy Train of Trade

    [Cindy’s Version] All Aboard the Crazy Train of Trade
    Oct 31 2025
    Host: Lalo Solorzano (filling in for Cindy Allen) Published: October 31, 2025 Length: ~15 minutes Presented by: Global Training Center Crazy Train (Lalo’s Version): Trade Updates, Ozzy Osbourne Style This week’s Cindy’s Version comes with a twist — Cindy is on vacation in Cancun, so Lalo Solorzano takes over the mic and drives this week’s episode down a different track: Crazy Train by Ozzy Osbourne. In true Gen X fashion, Lalo blends heavy metal attitude with the week’s biggest trade updates, covering everything from Senate tariff votes and CBP’s new Section 232 duties to fresh U.S.–China developments and new trade frameworks across Southeast Asia. From tariff fatigue and AI adoption to collaboration and mentorship, this Halloween-themed episode keeps the humor high and the insights real — proving that even in global trade, we’re all riding the same crazy train. What You’ll Learn in This Episode: Senate blocks two key trade measures: • Additional tariffs on Brazil • Reciprocal global tariff proposal Why lawmakers warned that reciprocal tariffs risked igniting a global trade war CBP guidance on new Section 232 duties for: • Trucks, buses, and parts (effective November 1) • Chapter 99 HTS classifications for importers Trump–Xi meeting updates: possible 10% tariff rollback on Chinese goods and renewed soybean imports New reciprocal trade frameworks with Thailand, Vietnam, Cambodia, and Malaysia Highlights from the ICPA Fall Conference panel “Duty Calls” — hosted by Global Training Center and Simply Trade Key Takeaways from the ICPA Panel – Duty Calls: Tariff Fatigue & Strategy: Don’t just react to constant changes — build adaptable systems. Automation & AI: Smart use of AI for classification and drawback can improve compliance efficiency. Collaboration: Compliance can’t live in a silo — involve procurement, finance, logistics, and engineering. Mentorship & Talent: You can’t complain about the lack of talent if you’re not helping grow it. Mindset: Trade doesn’t run on policy alone — it’s driven by people with passion and purpose. Quick Recap: Congress blocks new tariffs. CBP rolls out new ones. U.S. and China hint at a handshake deal. Southeast Asia signs new reciprocal agreements. And trade experts remind us: stay calm, stay informed, and keep your systems ready. Or as Ozzy says — “It’s crazy, but that’s how it goes.” Resources & Mentions: U.S. Customs and Border Protection (CBP) Federal Register – Section 232 Notices ICPA – International Compliance Professionals Association U.S. Department of Commerce – Trade Updates Credits Host: Lalo Solorzano – LinkedIn Producer: Global Training Center Special thanks to: Cindy Allen – LinkedIn Trade Force Multiplier Subscribe & Follow New episodes every Friday. Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals. 👉 Connect with us: Simply Trade Podcast on LinkedIn Global Training Center on LinkedIn YouTube Spotify Apple Podcasts Trade Geeks Community Don’t forget to rate, review, and share with your fellow trade geeks!
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    10 min
  • [CRIMES] Export Horror Stories – When Compliance Gets Scary

    [CRIMES] Export Horror Stories – When Compliance Gets Scary
    Oct 30 2025

    Hosts: Lalo Solorzano & Andy Shales Guest: Josh Rodman, Attorney at Schulz Trade Law Published: October 29, 2025 Presented by: Global Training Center Length: 28 minutes

    Episode Summary

    In this Halloween Week special, the Simply Trade hosts dig into real-life trade horror stories that will make any exporter’s blood run cold.

    Attorney Josh Rodman from Schulz Trade Law joins Lalo and Andy to share two spine-chilling case studies where export compliance went sideways — despite good intentions. From ballistic helmets misclassified under the wrong ECCN to shipments to Russia caught in the tangled web of ever-changing export controls, this episode proves that in trade, even honest mistakes can summon costly consequences.

    Josh explains how voluntary self-disclosures (VSDs) can save a company from financial nightmares and why staying current with export regulations is critical to avoid getting haunted by unexpected investigations or penalties.

    This episode blends legal insight with cautionary tales — perfect for your Halloween listening lineup!

    Key Topics

    • Real-world export control “horror stories”

    • Misclassification of military equipment under ECCNs

    • Voluntary Self-Disclosures (VSDs) and how they mitigate penalties

    • OFAC subpoenas and overlapping U.S. government investigations

    • Russian sanctions, HTS code–based restrictions, and transshipment red flags

    • How exporters can protect themselves through due diligence and expert review

    Resources & Mentions

    • Schulz Trade Law

    • Export Administration Regulations (EAR)

    • OFAC – U.S. Treasury Sanctions Programs

    • U.S. Department of Commerce – BIS

    • Global Training Center

    🎧 Credits

    Hosts:

    • Lalo Solorzano

    • Andy Shiles

    Guests:

    • Josh Rodman - Schulz Trade Law

    Producer:

    • Lalo Solorzano

    📢 Subscribe & Follow

    Stay up to date with Simply Trade — the podcast that makes international trade easy to understand (and sometimes spooky 👻).

    🎧 Listen & Subscribe:

    • Apple Podcasts

    • Spotify

    • YouTube

    • Global Training Center LinkedIn

    • Join the Trade Geeks Community
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    29 min
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