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Do Your Trade Contracts Have Teeth? episode artwork

EPISODE · May 15, 2025 · 34 MIN

Do Your Trade Contracts Have Teeth?

from Simply Trade · host Global Training Center

With everchanging trade policies around the world, it is more important than ever to write strong tariff protections in your contracts for both you and your trade partners. Marina Mekheil from Schultz Trade Law reveals the essential strategies for protecting your business in an increasingly complex global trade landscape. With tariffs and enforcement actions threatening business operations, understanding contract nuances has never been more important. "Your contracts have teeth... it's not ugly to write contract terms that are clear." - Marina Mekheil Connect with Marina: website: https://www.schulztradelaw.com/our-team/marina-mekheil LinkedIn: https://www.linkedin.com/in/marina-mekheil-84aa85b1/  Main Takeaways: Contract Clarity is King Always have written agreements, not just verbal understandings Include explicit terms about duty payments, customs clearance, and tariff responsibilities Create flexibility with renegotiation clauses Protect Your Business Include arbitration clauses Add indemnification agreements Require transparency on HTS codes and tariff calculations Consider test contracts with new trading partners Proactive Compliance Strategies Involve multiple departments in trade compliance Understand the implications of Incoterms beyond surface-level interpretations Be prepared for rapid regulatory changes 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: [email protected] 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/

What this episode covers

With everchanging trade policies around the world, it is more important than ever to write strong tariff protections in your contracts for both you and your trade partners.Marina Mekheil from Schultz Trade Law reveals the essential strategies for protecting your business in an increasingly complex global trade landscape. With tariffs and enforcement actions threatening business operations, understanding contract nuances has never been more important."Your contracts have teeth... it's not ugly to write contract terms that are clear." - Marina MekheilConnect with Marina:website: https://www.schulztradelaw.com/our-team/marina-mekheilLinkedIn: https://www.linkedin.com/in/marina-mekheil-84aa85b1/  Main Takeaways: Contract Clarity is King Always have written agreements, not just verbal understandings Include explicit terms about duty payments, customs clearance, and tariff responsibilities Create flexibility with renegotiation clauses Protect Your Business Include arbitration clauses Add indemnification agreements Require transparency on HTS codes and tariff calculations Consider test contracts with new trading partners Proactive Compliance Strategies Involve multiple departments in trade compliance Understand the implications of Incoterms beyond surface-level interpretations Be prepared for rapid regulatory changesIn 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 TopicsContact: [email protected]: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/

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Do Your Trade Contracts Have Teeth?

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How long is this episode of Simply Trade?

This episode is 34 minutes long.

When was this Simply Trade episode published?

This episode was published on May 15, 2025.

What is this episode about?

With everchanging trade policies around the world, it is more important than ever to write strong tariff protections in your contracts for both you and your trade partners. Marina Mekheil from Schultz Trade Law reveals the essential strategies for...

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