Beyond "Know Your Supply Chain": Takeaways from the CBP Summit

How is the opioid crisis impacting customs enforcement? Tune in as top trade experts reveal new threats at the border and what it means for your business. In this episode, we sit down with a panel of international trade leaders after the recent Trade Symposium hosted by Customs and Border Protection. They share key learnings on the evolving regulatory landscape and challenges customs faces. Main Points: - Heavy focus on stemming the flow of deadly fentanyl, with pill presses disguising themselves as "tool parts" - Frustration that more clarity is needed on how importers/exporters can support drug interdiction - Importance of understanding complex supply chain networks to facilitate trade and comply with regulations - Potential for new technologies like blockchain to boost early supply chain visibility - Debate around customs' expanding role and expectations for private sector partners Key Insights: Amy Morgan emphasizes the answer lies in truly knowing your products and value chains. Amy Magnus notes customs was caught flat-footed by e-commerce growth. Cindy Allen stresses the fundamental shift driven by consumer demands. Wrap-up: Staying compliant in this evolving landscape requires openness to new solutions. Tune in to hear innovative approaches and collaborate across borders for smoother trade. Find us on YouTube: https://www.youtube.com/@SimplyTradePod  Enjoy the show! Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/  Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/  Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/ Show references: Global Training Center - www.GlobalTrainingCenter.com Simply Trade Podcast - twitter.com/SimplyTradePod  Amy Magnus - https://www.linkedin.com/in/amy-magnus-16237b12/  Cindy Allen - https://www.linkedin.com/in/cindy-allen-a3188210/  Amy Morgan - https://www.linkedin.com/in/amytradelady/  Trade Force Multiplier - https://tradeforcemultiplier.com/  Deringer - https://www.anderinger.com/  Altana - https://altana.ai/  Contact [email protected] or message @SimplyTradePod for: Advertising and sponsoring on Simply Trade Requests to be on the show as guest Suggest any topics you would like to hear about Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.