Import fraud isn't just a financial slap on the wrist anymore; it's a potential federal crime. In this Simply Trade Episode, we get into the latest Department of Justice enforcement strategies with trade law expert EJ Thomas, who reveals how companies can navigate complex import regulations, avoid criminal prosecution, and protect their bottom line from devastating penalties. Learn insider strategies for compliance, understand emerging trade risks, and discover why proactive documentation could be your best defense in today's high-stakes global trade landscape.

Key Topics Covered:

• Department of Justice's Criminal Enforcement Priorities

• Customs Fraud and Tariff Evasion Risks

• USMCA Compliance Challenges

• Tariff Engineering and Legal Strategies

Key Insights:

• Criminal penalties for import fraud now range from 2-20 years in prison

• Proactive compliance is crucial to avoid potential investigations

• Companies must develop comprehensive written import procedures

• Customs can investigate entries up to 5 years after initial clearance 👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/

Actionable Takeaways:

1. Implement detailed import compliance procedures

2. Seek expert rulings on complex classification changes

3. Maintain thorough documentation for all import entries

4. Understand the full scope of potential enforcement actions

Expert Quote: "Most importers are trying to do the right thing. The biggest defense is having written procedures in place and demonstrating that you follow them." - EJ Thomas Connect with EJ: https://www.mmmlaw.com/people/edward-j-thomas/

In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬

Recommended Resources:

Check out these courses we offer here at GTC! 👀🌎

📩Importing https://globaltrainingcenter.com/importing-procedures/

😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/

🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/

Connect with Simply Trade Podcast:

- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g

- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/

- Twitter: https://twitter.com/SimplyTradePod

- Website: https://globaltrainingcenter.com/simply-trade-podcast/

Contact Us/ Suggest Topics

Contact: SimplyTrade@GlobalTrainingCenter.com

Credits:

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/

Attention importers and exporters! The trade landscape just got more complex with a shocking 50% tariff increase on steel and aluminum. Are you prepared? We sit down with trade expert George Tuttle to break down the latest steel and aluminum tariff changes that are sending shockwaves through the international trade community.

Key Highlights:

1. Tariff Explosion: From 25% to 50%

• Applies to most countries (except UK and Russia)
• Impacts steel, aluminum, and derivative products
• Requires immediate attention from importers and exporters

1. Critical Compliance Challenges

• New documentation requirements (Melt and Pour certificates)
• Complex derivative product classifications
• Potential for significant financial impact

1. Legal Landscape

• Multiple court cases challenging tariff implementation
• Potential Supreme Court review
• Uncertainty in trade regulations

Expert Insights from George Tuttle: "Companies need to develop a systematic approach to understanding these new tariffs. It's not just about doubling the rate – it's about understanding the intricate classification and application rules." Connect with George: website: https://www.tuttlelaw.com/ email: geo@tuttlelaw.com

Actionable Takeaways:

• Review CBP messages 6523 6645, 6523 6374, and 6523 6574
• Analyze product lists against new tariff annexes
• Develop robust value calculation methods for steel and aluminum content

Stay ahead of the curve! Subscribe to Simply Trade and never miss crucial trade updates that could impact your business.

In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬

Recommended Resources:

Check out these courses we offer here at GTC! 👀🌎

📩Importing https://globaltrainingcenter.com/importing-procedures/

😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/

🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/

Connect with Simply Trade Podcast:

- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g

- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/

- Twitter: https://twitter.com/SimplyTradePod

- Website: https://globaltrainingcenter.com/simply-trade-podcast/

Connect with Simply Trade Podcast:

- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g

- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/

- Twitter: https://twitter.com/SimplyTradePod

- Website: https://globaltrainingcenter.com/simply-trade-podcast/

Contact Us/ Suggest Topics

Contact: SimplyTrade@GlobalTrainingCenter.com

Credits:

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

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

This week, we sit down with Ryan Bennett and Trang from Fluke and Fortive discussed the impact of recent tariff changes on their businesses. They highlighted the rapid pace of changes, likening it to a crisis, and the need for proactive measures. Connect with the experts Ryan Bennett: https://www.linkedin.com/in/ryanmbennett/ Trang Pham: https://www.linkedin.com/in/trangdpham/

Main Points/Takeaways:

1. Rapid Pace of Change - The last four months have felt like years in the trade world - Unprecedented speed of tariff and trade policy changes - Constant need for real-time adaptation

2. Cross-Functional Communication - Daily leadership meetings are crucial - Breaking down silos between departments (sales, procurement, engineering, trade compliance) - Holistic approach to understanding trade impacts

3. Resilience and Opportunity - Don't just react, create durable long-term strategies - Use challenges as opportunities to improve business processes - Focus on sustainable supply chain improvements

Key Insights/Quotes:

"Don't let a crisis go to waste" - Ryan Bennett

"The C-suite is probably the most interested in learning about trade nuances than ever before" - Trang Pham

Critical Takeaway: Trade compliance is no longer just paperwork - it's a strategic business partner driving resilience and innovation during global economic uncertainties.

Description Format

In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬

Recommended Resources:

Check out these courses we offer here at GTC! 👀🌎

📩Importing https://globaltrainingcenter.com/importing-procedures/

😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/

🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/

Connect with Simply Trade Podcast:

- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g

- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/

- Twitter: https://twitter.com/SimplyTradePod

- Website: https://globaltrainingcenter.com/simply-trade-podcast/

Connect with Simply Trade Podcast:

- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g

- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/

- Twitter: https://twitter.com/SimplyTradePod

- Website: https://globaltrainingcenter.com/simply-trade-podcast/

Contact Us/ Suggest Topics

Contact: SimplyTrade@GlobalTrainingCenter.com

Credits:

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/