Eric Hargraves

A Playbook for Adapting to Minute-by-Minute Trade and Tariff Shifts

Tariffs are changing faster than you can say “global supply chain” – are you prepared to protect your business? Episode Overview:Trade compliance expert Eric Hargraves breaks down the complex world of international trade regulations, offering critical insights for businesses navigating the turbulent waters of global commerce. Key Takeaways:4 Critical Trade Compliance Strategies:1. Technical Solutions for…

iPhone

Apple Accelerates iPhone Production in India to Sidestep U.S. Tariffs on Chinese Imports

In response to escalating U.S. tariffs on Chinese goods, Apple is rapidly expanding iPhone production in India to reduce reliance on China and avoid steep import duties. Recent reports reveal the tech giant airlifted 600 tons of iPhones (approximately 1.5 million units) from India to the U.S. in April 2025, leveraging India’s lower tariff rates and streamlined…

White House

Trump Modifies Reciprocal Tariff Rates Amid Retaliation from Trading Partners

On April 9, 2025, President Donald J. Trump issued an executive order modifying reciprocal tariff rates in response to retaliation from trading partners, particularly China. This latest action, part of the administration’s broader strategy to address persistent trade deficits and protect U.S. national security, has intensified global trade tensions and reshaped tariff structures for numerous…

What Trump’s Tariff Pause Means for Global Trade and Geopolitical Alliances

What Trump’s Tariff Pause Means for Global Trade and Geopolitical Alliances

On April 9, 2025, President Donald J. Trump announced a 90-day suspension of country-specific tariffs introduced earlier in April, easing pressure on 59 trading partners while escalating tensions with China. This move, coupled with a universal 10% baseline tariff on most imports, has created a complex landscape for global trade, offering temporary relief to some…

President Trump Tariffs Chart

President Trump Tariffs Chart

President Trump’s “Liberation Day” announcement on April 2 introduced sweeping tariff measures accompanied by a chart outlining new import taxes targeting over 60 countries. Here’s a breakdown of the key components: Core Components of the Tariff Plan Here is the full RT chart: Country Tariffs Charged to the U.S.A. (%) U.S.A. Discounted Reciprocal Tariffs (%)…

Classification Challenges

Understanding Modern Trade Classification Challenges

Imagine cutting your product classification time by 90% while increasing accuracy to near-perfection – that can be possible with AI-powered trade compliance. In this episode of Simply Trade, hosts Lalo and Andy talk with with Hal Berman and John Petitte, co-founders of Trade Insight AI, to explore how artificial intelligence is helping international trade classification…

Trump Ends De Minimis Exemptions to Combat China’s Role in Synthetic Opioid Crisis

Trump Ends De Minimis Exemptions to Combat China’s Role in Synthetic Opioid Crisis

On April 2, 2025, President Donald J. Trump signed an Executive Order eliminating duty-free de minimis treatment for low-value imports from China and Hong Kong. This decisive action is part of a broader effort to address the synthetic opioid crisis, which has claimed over 450,000 American lives in the past decade. By closing a loophole that has…

The Trump Administration’s Reciprocal Tariff Strategy: Balancing Trade

The Trump Administration’s Reciprocal Tariff Strategy: Balancing Trade

On April 2, 2025, President Donald J. Trump declared a national emergency to address the economic threats posed by persistent trade deficits and nonreciprocal foreign trade practices. Leveraging his authority under the International Emergency Economic Powers Act (IEEPA), this sweeping action aims to rebuild the U.S. economy, strengthen national security, and protect American workers from…

STP Maggie Barnett

Thriving in Global Trade

Leveraging Logistical Innovations In this episode of our podcast, we sit down with Maggie Barnett, the brains behind LVK’s logistical solutions, to explore how mid-market apparel companies can not only survive but thrive amidst the complexities of global trade and competition. As we navigate through inventory management, international tariffs, and understanding Harmonized Tariff Schedule (HTS)…

Venezuela Oil

Venezuela’s Oil Industry Faces Challenges

In recent weeks, Venezuela’s oil industry has encountered significant challenges due to U.S. tariffs and changes in Chevron’s operations. On March 25, 2025, it was reported that the pace of heavy crude loading at Venezuela’s primary oil terminals had slowed following the implementation of a U.S. tariff on countries purchasing Venezuelan oil. Additionally, Chevron began reducing…