[ROUNDUP]: US-China Trade and Tariffs Updates

Don't fall for the two-invoice trap.

On today's news episode, we've invited Molly Sitkowski to break down the complex US-China trade landscape, offering critical insights for businesses navigating the treacherous waters of international import regulations.

Key Discussion Points:
- US-China 90-Day Trade Deal Breakdown
- Tariff Calculation Complexities (Spoiler: It's more than just percentages)
- Substantial Transformation Test Explained
- Avoiding Costly Compliance Mistakes

Connect with Mollie Sitkowski:
LinkedIn: https://www.linkedin.com/in/molliesitkowski/ 
Website: https://www.faegredrinker.com/en/services/services? 

Critical Takeaways:
1. Tariff Landscape:
- Current tariff rates potentially reaching 55-70% on Chinese imports
- Predicted future rates around 20-34%
- Potential long-term impact on manufacturing and supply chains

2. Compliance Red Flags:
- Beware of two-invoice strategies
- Understand substantial transformation rules
- Verify supplier origin declarations

Expert Quotes:
"Customs can basically use whatever they want to determine origin" - Molly Sitkowski

Actionable Strategies:
- Check USMCA exemptions
- Communicate transparently with suppliers
- Understand complex tariff classification rules

Value Proposition:
This episode is an essential listen for:
- Small business owners
- Import/export professionals
- Supply chain managers
- Trade compliance specialists

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/ 

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Connect with Simply Trade Podcast:

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

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

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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/