Embed Size (px)
Citation preview
Manage "Current Impact of Trade Policy Statements - Strategies to Mitigate Risk"
Edward (Ned) BlinickChief Product [email protected]
(416) 510 8800 ext 234
This Webinar is approved by NEI for 1 CSS/CES message
Send your registration confirmation to [email protected]
Introductions: Panelists
Beth PridePresident BPE GlobalP: 415-845-8967E: [email protected]
Mary Ellen MattisonDirector of SalesVigilantP: 216-313-0039E: [email protected]
Your Host TodayEdward (Ned) BlinickChief Product Officer at 3rd Wave
Your Panelists
#tradetaskforce
Beth PridePresident at BPE Global
Mary Ellen MattisonDirector of Sales at Vigilant GTS
Uncertain times are driving Global Trade Compliance
risks and opportunities as high as they have ever been
#globaltrade2017
We Are Living in a Highly Regulated Era#bigbrother
Global Trade has Increased by 143% in thelast Decade alone
85% Of Businesses Import Goods88% of Businesses Export Goods
Trade Compliance Risk has Grown by over 300% in the last Decade
#allabouttrade
THE CURRENT IMPACT OFTRADE POLICY STATEMENTS
Strategies to MitigateYour Company’s Risks
#driveglobalgrowth
What do we know so far?
• 45% duty on Chinese imports and 35% duty on Mexican imports
• 5% duty on all imports • 20% duty on all imports from Mexico “Wall Tax”• Withdrawal from TPP• NAFTA renegotiation or withdrawal• Border Adjustment Tax
#globaltrade
How to quantify the impact
• Look at your data – don’t cite averages or other companies statements
• Key data to look at:• Country of export • Country of origin• Average historical
duty rate• Free Trade
Agreements#measuretwice
Develop strategies to mitigate risk
• Country of Origin determination• HTS classifications – accuracy is essential!• HTS database – share it to ensure accurate
declarations• American Goods Returned/Repairs• Duty drawback• All good things start with the right classification
#classificationrules
Communicating the impact
• Validate your findings• Review with your team and management• Escalate to executive management• Engage corporate affairs personnel• Contact the U.S. Trade Representative• Engage trade advocacy associations• Write elected officials
#compliancematters
Questions and AnswersContact Information
Beth PridePresident BPE GlobalP: 260.417.1825E: [email protected]
Mary Ellen MattisonDirector of SalesGlobal Trade ComplianceVigilant Trade ServicesP:216 313 0039E: [email protected]
Edward (Ned) BlinickChief Product Officer3rd WaveP: (416) 510 8800 ext 234E: [email protected]
