Weekly Trade Roundup: How Russia, China, and California’s Proposition 12 Impact Your Business!

In this episode, we discuss a range of international trade topics, including US government warnings to trade finance lenders, global security threats, California's Proposition 12, and an interesting German traffic law. Topics discussed: US Government Warning to Trade Finance Lenders: The importance of knowing your customers and their customers to avoid fines and sanctions related to breaches of Russia export controls. China as the Biggest Global Security Threat: The potential impact of sanctions on China and how businesses might need to adapt by finding alternative sources for goods and services. California's Proposition 12: A debate on the fairness of the law, its potential impact on businesses, and the possibility of it being challenged in court. This law requires imported meat, specifically pork, to meet specific animal welfare standards. German Traffic Law: A discussion on the law prohibiting trucks over 7.5 tonnes from driving on Sundays and public holidays, and its potential impact on logistics and consumer expectations for delivery times. We'd love to hear your thoughts on these topics and any suggestions for future episodes. Happy listening! Enjoy the show. Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/  Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/  Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/  Co-Producer: Mara Marquez: https://app.milanote.com/1M8bFD1P9F3c6G/mara?p=qFiiiJVFV2z 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.