Episodes

  • The Pete & Cindy Show: Trade, Tariffs, and Real Talk from the Front Lines

    The Pete & Cindy Show: Trade, Tariffs, and Real Talk from the Front Lines
    Mar 24 2026

    🎧 Host(s)

    • Cindy Allen – CEO, TradeForce Multiplier

    • Pete Mento – Director, Global Trade Advisory, Baker Tilly

    📅 Published Date

    March 24, 2026

    ⏱️ Episode Length

    ~42 minutes

    🧠 Episode Summary

    Welcome to a special edition of Simply Trade—The Pete & Cindy Show.

    In this episode, industry veterans Cindy Allen and Pete Mento take the mic for a candid, unscripted conversation on the current state of global trade. With no guests and no filters, the two dive into real-world challenges, industry trends, and the evolving role of trade professionals.

    Blending humor, sharp insight, and deep experience, Cindy and Pete break down complex trade topics in a way that’s both practical and engaging. From tariff pressures to business strategy, this episode feels less like an interview—and more like sitting in on a conversation between two of the industry’s most respected voices.

    🔑 Key Learnings

    • Why today’s trade environment demands both technical expertise and business awareness

    • How leaders in trade are adapting to constant regulatory and economic shifts

    • The importance of communication and storytelling in trade compliance

    • How humor and personality can play a role in making complex topics accessible

    • Why experienced professionals are rethinking how they engage with the next generation of trade talent

    💡 Key Takeaways

    • Trade is no longer just operational—it’s strategic and highly visible

    • The best insights often come from open, unstructured conversations

    • Industry leaders must balance compliance, economics, and business realities

    • Authenticity and personality matter more than ever in education and content

    • Sometimes, the most valuable discussions happen when you drop the formal format

    🔗 Resources & Mentions

    • TradeForce Multiplier

    • Baker Tilly Global Trade Advisory

    • Simply Trade Podcast

    👏 Credits

    • Host: Cindy Allen

    • Host: Pete Mento

    • Produced by Lalo Solorzano

    • Published by Global Training Center
    📲 Subscribe & Follow

    • 🎧 Spotify: https://open.spotify.com/show/09m199JO6fuNumbcrHTkGq?utm_source=SimplyTradePodcast

    • 🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/simply-trade/id1640329690?utm_source=SimplyTradePodcast

    • 📺 YouTube: https://www.youtube.com/@simplytradepod?utm_source=SimplyTradePodcast

    🔗 Connect With Us

    • Global Training Center: https://www.linkedin.com/company/global-training-center?utm_source=SimplyTradePodcast

    • Trade Geeks Community: https://globaltrainingcenter.com/portal/?utm_source=SimplyTradePodcast

    🎙️ Want to Be on the Show?

    Have insights on trade, customs, or global logistics? We’d love to feature your voice on Simply Trade. Reach out and join the conversation.
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    43 mins
  • [ROUNDUP] Semiconductor Export Controls & Entity List Traps with Valentin Povarchuk

    [ROUNDUP] Semiconductor Export Controls & Entity List Traps with Valentin Povarchuk
    Mar 23 2026
    Host: Annik Sobing Guest: Valentin Povarchuk, Senior Counsel, Acrevis Law Group Published: March 2026 Length: ~35 minutes Presented by: Global Training Center Lessons from Applied Materials: Export Controls, Entity List Risks, and Semiconductor Enforcement Annik Sobing welcomes Valentin Povarchuk, trade compliance expert with 20+ years across big law, in-house, and boutique firms, for a deep dive into export controls and sanctions—his thought leadership sweet spot. They unpack the Applied Materials $252M settlement for ion implanter sales to SMIC (despite BIS warnings and Entity List designation), Pterodyne Flare’s $1M mitigated penalty (via voluntary disclosure), and how companies navigate entity list risks in semiconductors amid U.S.–China tensions. Valentin teases an April 7 free GTC webinar on due diligence. What You’ll Learn in This Episode Valentin’s background 20+ years advising on customs, AD/CVD, export controls, sanctions; now at Acrevis Law Group helping companies (esp. tech/startups) build compliance programs. Expert in entity list/entity alerts, corporate risk management—not just tariffs/customs. Semiconductor export controls 101 Focus on equipment/software for advanced chips (AI training), not just chips themselves; bipartisan consensus on China as tech adversary (Russia/Belarus secondary). Biden’s AI Diffusion Rule (global licensing limits) revoked by Trump; new approach more “transactional” (trade for access). Uncertainty reigns—no clear replacement yet. Applied Materials case breakdown ($252M penalty) BIS sent is-informed letter warning off SMIC; later Entity List addition. Applied continued via South Korean plant (substantial transformation: assembly/testing to claim “Korean origin” <25% U.S. content). BIS rejected: Substantial transformation irrelevant for Entity List sales (no clear reg definition of “foreign-made” under EAR); “spirit of restrictions” trumps letter. Intentional strategy, not mistake—revenue pressure (competitors ready). Risk management realities Is-informed letters = stop sign for regulators (not yellow light); license applications possible but slow/uncertain amid brain drain at BIS. Balance: Compliance vs. business survival (e.g., 25% revenue at risk); competitors lurk. Bigger firms targeted harder. Practical advice for companies Screen addresses + entities; diligence/parties/end-users critical. Smaller tech/startups: Contract language, certifications, compliance programs mitigate risks without killing deals. Key Takeaways Export controls > tariffs now; semicon/tech under microscope—review Entity List diligence today. Is-informed = hard stop; don’t “get creative” without weighing enforcement (spirit > letter). Voluntary disclosure works—self-report transparently for leniency. Join Valentin’s free April 7 GTC webinar on due diligence. Credits Host: Annik Sobing Guest: Valentin Povarchuk Subscribe & Follow • YouTube • Spotify • Apple Podcasts Join the conversation with fellow trade professionals in the Trade Geeks Community: https://globaltrainingcenter.com/portal/?utm_source=SimplyTradePodcast
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    29 mins
  • [Cindy's Version] Wi$h Li$t of Trade

    [Cindy's Version] Wi$h Li$t of Trade
    Mar 20 2026
    Host: Cindy Allen Show: Simply Trade – Cindy’s Version Published: March 20, 2026 Length: ~15 minutes Presented by: Global Training Center Wishlist: Importers Just Want IEEPA Refunds + CBP’s New “Customs Business” Bombshell Cindy Allen delivers her signature Taylor Swift–inspired trade update (“Wishlist” from the latest album), channeling importers’ singular desire: “I just want you, Mr. Refund.” She covers DHS budget chaos, petrodollar threats from the Strait of Hormuz closure, Jones Act waiver talks, and a seismic CBP ruling that redefines classification, OCR, and CF-5106 work as customs business. What You’ll Learn in This Episode DHS funding crisis No Congressional budget agreement—TSA, FEMA, non-LEO CBP staff (Office of Trade, admins) not getting paid; TSA lines lengthening as agents take second jobs. CBP officers funded via prior “big beautiful bill,” but broader agency operations strained. No impact yet from Kristi Noem’s DHS exit. Strait of Hormuz & petrodollar shift 20–40% of world oil flow halted; India secured safe passage deal, China negotiating oil payments in yuan—challenging petrodollar system (U.S. dollar as reserve currency since 1970s OPEC deal). Could erode USD value, force global banks to rethink reserves, impact U.S. debt/economy beyond just gas prices (countries releasing strategic reserves for short-term relief). Jones Act & USMCA updates Administration eyeing Jones Act waivers for chemicals, energy, fertilizers to ease oil crisis transport limits. U.S.–Mexico technical teams meeting regularly on USMCA progress (extension preferred over renegotiation); Canada tensions delay trilateral talks. Trump postpones China trade trip. CBP bombshell: HQ 350722 ruling Internal advice ruling deems OCR conversion of shipping data, classification for importers, and CF-5106 filings (importer/ultimate consignee setup) as “customs business” requiring licensed customs brokers. Overturns prior practice where importers could use non-broker consultants for these (often to check broker work or build databases). Likely legal challenges ahead; chills AI/OCR tools offered directly to importers. IEEPA Refund “Wishlist” Deep Dive Importers want simple answers on CBP’s CAPE refund process (Excel declarations via ACE)—but open questions persist: Court actions/protests needed for final vs. protestable (180-day window) entries? CAPE scope: Simple IEEPA refunds only, or complex EU/Japan agreements (15% caps), reconciliation, drawback? Entry summary updates in ACE (system of record)? What if an entry’s accidentally omitted—does Treasury keep funds? Judge indicated all IEEPA duties unlawful; no clear administrative refund mechanism yet. Key Takeaways Importers: Review internal processes against HQ 350722; consult brokers/attorneys on consultant/AI/OCR workflows. Read CBP’s full ruling; track IEEPA CAPE mechanics and court filings. Travel tip: Extra time for TSA lines. Watch petrodollar erosion and fuel surcharge ripple effects. Credits Host: Cindy Allen Producer: Annik Sobing Subscribe & Follow • YouTube • Spotify • Apple Podcasts Join the conversation with fellow trade professionals in the Trade Geeks Community: https://globaltrainingcenter.com/portal/?utm_source=SimplyTradePodcast
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    15 mins
  • From CBP to the Private Sector: Vinny Annunziato on Trade Innovation, AI, and What’s Next

    From CBP to the Private Sector: Vinny Annunziato on Trade Innovation, AI, and What’s Next
    Mar 19 2026
    Hosts: Andy Shiles & Lalo Solorzano Guest: Vincent “Vinny” Annunziato – Former CBP Director, Trade Technology Leader, Founder of Digital Supply Chain Innovations (DSCI), SVP at Profit Trust LinkedIn: https://www.linkedin.com/in/vincentrobertannunziato/ Published : March 19, 2026 Length: ~35 minutes Presented by: Global Training Center 🧠 Episode Summary In this episode of Simply Trade, we sit down with Vincent “Vinny” Annunziato for his first appearance post-retirement from U.S. Customs and Border Protection (CBP). Vinny reflects on a remarkable career shaping some of the most impactful trade modernization efforts, including the Single Window initiative, and shares behind-the-scenes insights into how these systems were built, challenged, and ultimately delivered. Now on the private sector side, Vinny discusses his transition, his new work with Profit Trust, and how companies can uncover hidden opportunities for duty recovery and cost savings. The conversation also dives deep into AI in trade compliance, cutting through the hype to explain what actually works today—and what doesn’t. From large language models to human-assisted decision-making, Vinny brings a practical, no-nonsense perspective that trade professionals can immediately apply. 🔑 Key Learnings The real story behind the Single Window and how it transformed multi-agency trade dataWhy collaboration between government and industry changed the game in customs processingHow innovation works inside government—and why not everything makes it to productionThe truth about AI in trade compliance (and why most companies are using it wrong)Why “Human-Assisted Technology (HAT)” may be the smarter way to think about AIThe importance of data quality and business context before applying AI solutionsHow companies are using tools like duty recovery and audit analytics to improve their bottom line 💡 Key Takeaways AI is not a magic solution—it’s only as good as the data and business logic behind itTrade compliance decisions—especially classification—must remain human-ledInnovation requires balancing technical vision with real-world business applicationThe future of trade lies in connected, interoperable global data systemsThere are still significant untapped opportunities for companies to recover duties and reduce costs 🔗 Resources & Mentions Profit Trust (duty recovery & shipping optimization solutions)ACE (Automated Commercial Environment)Single Window InitiativeITDS (International Trade Data System)Lacey Act (referenced in system design discussion) 🎧 Credits Hosts: Lalo Solorzano – LinkedInAndy Shiles – LinkedIn Guest: Vincent “Vinny” Annunziato – Former CBP Director, Trade Technology Leader, Founder of Digital Supply Chain Innovations (DSCI), SVP at Profit Trust LinkedIn Producer: Lalo Solorzano 📢 Subscribe & Follow New episodes every week. Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals. 👉 www.GlobalTrainingCenter.com Connect with us: Simply Trade Podcast on LinkedInGlobal Training Center on LinkedInYouTubeSpotifyApple PodcastsTrade Geeks Community Don’t forget to rate, review, and share with your fellow trade geeks!
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    35 mins
  • [TIPS] Why Your Trade Org Structure Is Breaking Your Compliance Program

    [TIPS] Why Your Trade Org Structure Is Breaking Your Compliance Program
    Mar 19 2026
    Hosts: Renee Chiuchiarelli & Julie Parks Format: Simply Trade Tips Length: ~12 minutes Episode Summary Renee and Julie break down how organizational structure—centralized, decentralized, matrix, or hybrid—directly impacts compliance success. Learn practical "tweaks" to move customs from a reactive support function to a proactive strategic partner. Key Takeaways & Fixes 1. Centralized Structure The Issue: Customs reacts to problems after decisions are made. The Fix: Embed controls upstream; ensure Customs has authority, not just execution duties. 💡 Truth Bomb: If you touch data after the PO is issued, you’re already too late. 2. Decentralized Structure The Issue: Inconsistent data and fragmented processes across regions. The Fix: Centralize governance and data visibility while allowing regional execution. 💡 Rule: Decentralized execution is fine; decentralized compliance is not. 3. Matrix Structure The Issue: Decision gridlock and competing priorities. The Fix: Define decision-making authority in writing and align funding across stakeholders. 💡 Reality Check: Without alignment, Customs becomes a referee, not a facilitator. 4. Hybrid Structure (The Goal) The Issue: Often misperceived as a cost center rather than a value driver. The Fix: Separate governance from operations; involve Customs in sourcing and risk-based audits. Failure Patterns to Avoid Compliance fails in any structure when: Authority doesn't match responsibility. Brokers are treated as the "owners" of compliance. Leadership only engages during a crisis. FIO (Figure It Out) – This Week’s Action Identify your current structure and pick one area for improvement. Write it into your goals and align it with business priorities to start seeing incremental change. Hosts: Renee Chiuchiarelli & Julie Parks Published: October 28, 2025 Length: ~10 minutes Presented by: Global Training Center 👻 Episode Summary It’s a special Halloween edition of Simply Trade [Tips] with Hammer and Heels (Renee & Julie)! 🎙️ In this spooky seasonal episode, the hosts share “scary compliance stories” that every trade professional can learn from — tales of audits that wouldn’t die, supply chain skeletons, and hauntingly complex importer-of-record issues. Between these frighteningly true stories and a fun “Trick-or-Treat: Fact or Fiction” lightning round, listeners will pick up valuable lessons about risk, recordkeeping, and compliance best practices — all while getting into the Halloween spirit. 🧠 Key Takeaways Importer of Record Issues: Never assume your company should make entry — confirm the proper party has the right to do so. Audit Nightmares: A prior disclosure can protect you from penalties, but only if it’s complete and accurate. Double-check everything before submitting. Trick or Treat: Compliance Edition! Can CBP review your General Ledger? ✅ Treat! Do you need to reconcile quantity variances with Customs entries? ✅ Treat! Is your broker solely responsible for recordkeeping? ❌ Trick! Importers must maintain their records for at least five years. Is a parts database a strong compliance tool? ✅ Treat! It helps ensure data accuracy and consistency. 🧭 FIO (Figure It Out) 👉 This week’s action item: Trade can be terrifying — but preparation keeps the ghosts away! Take time to review your compliance “skeletons in the closet.” Are your prior disclosures accurate and auditable? Is your importer of record process clear? Do your records meet the five-year rule? And since it’s Halloween… figure out your costume, too! 🎭 💬 Keep the Conversation Going Join the Trade Geeks Community at Global Training Center and share: Your own “scary compliance story.” How you’ve handled tricky audits or importer-of-record nightmares. And, of course, what you’re dressing up as for Halloween! 🎧 Credits Hosts: Renee Chiuchiarelli Julie Parks Producer: Lalo Solorzano 📲 Subscribe & Follow 🎙️ New TIPS episodes every Tuesday. Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals. Connect with us: Simply Trade Podcast on LinkedIn Global Training Center on LinkedIn YouTube Spotify Apple Podcasts Trade Geeks Community Don’t forget to rate, review, and share with your fellow trade geeks! 📩 Want to be on the show or suggest a topic? Email us at SimplyTrade@GlobalTrainingCenter.com or DM us on X/Twitter @SimplyTradePod
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    16 mins
  • [NCBFAA] Transportation Committee on Strait of Hormuz, FMC, and Shipping Risk in 2026

    [NCBFAA] Transportation Committee on Strait of Hormuz, FMC, and Shipping Risk in 2026
    Mar 17 2026
    Host: Lori Mullins Guests: Rich Roche, Ashley Craig Series: NCBFAA Quarterly Podcast – Transportation Committee Focus Published: March 2026 Length: ~40 minutes Presented by: National Customs Brokers & Forwarders Association of America (NCBFAA) in partnership with Simply Trade​ NCBFAA Transportation Committee: Strait of Hormuz, FMC, and Shipping Risk in 2026 In this NCBFAA quarterly episode, social media director and licensed customs broker Lori Mullins sits down with Rich Roche, Senior Vice President at Mohawk Global Logistics and NCBFAA NVOCC Chair, and Ashley Craig, partner at Venable LLP and outside Transportation Counsel to NCBFAA, for a deep dive on the work of the NCBFAA Transportation Committee in a rapidly changing risk environment.​ The conversation focuses on how the Transportation Committee is engaging with regulators—especially the Federal Maritime Commission (FMC)—and monitoring global chokepoints like the Strait of Hormuz to protect brokers, forwarders, and NVOCCs.​ Inside the NCBFAA Transportation Committee’s Agenda FMC leadership and priorities Rich explains the “new season” at FMC under Chair Laura DiBella, with NCBFAA meeting her on day one and tracking the confirmation of additional commissioners to get the agency to full strength.​ The committee is watching FMC’s expanded role, including analyzing global “choke points” (like the Iran conflict and Spanish embargo actions) and supporting efforts to close the harbor maintenance fee loophole for cargo routed via Canada and Mexico.​ Strait of Hormuz and global chokepoints Ashley breaks down why the Strait of Hormuz—only about 20 nautical miles wide and dominated geographically by Iran—remains one of the most critical choke points in global energy and trade, carrying roughly 60% of petroleum productsexiting the region.​ Rich details current impacts: hundreds of tankers and cargo vessels effectively stopped or trapped, export bookings halted, and knock-on effects on fuel availability for airlines and ocean carriers, particularly in Asia.​ Legal and commercial risk: surcharges, notice, and the Shipping Act Ashley walks through how tensions translate into war risk surcharges and emergency contingency charges from major carriers (Maersk, CMA, Hapag-Lloyd, MSC, ONE), and the critical 30‑day notice requirement under the Shipping Act for U.S. trades—plus how “special permission” filings at the FMC can accelerate those timelines.​ The Transportation Committee is monitoring FMC guidance reminding carriers and NVOCCs of their obligations to publish and adhere to filed rates, and educating members on when to go to FMC vs. resolving disputes under service contracts or through courts/ADR.​ Export controls and NCBFAA’s export subcommittee work Ashley highlights the work of the NCBFAA Export Subcommittee, which sits under the Transportation Committee and has collaborated with BIS on the Freight Forwarder Best Practices (now live on the BIS site).​ The committee is tracking evolving sanctions and export controls on Iran and third‑party intermediaries, stressing regular checks of the U.S. consolidated screening lists and ongoing engagement with BIS, OFAC, and other agencies.​ Insurance, force majeure, and contract readiness From a legal and practical standpoint, Ashley urges members to review war risk underwriting, force majeure language, and service contracts now—especially for cargo stuck in the Gulf region—to avoid unmanaged detention/demurrage and misaligned risk allocation.​ The Transportation Committee is encouraging proactive dialogue with carriers and underwriters, not just reactive claims once disruptions surface.​ Energy markets, surcharges, and downstream costs The episode covers how rising oil prices (already over USD 100/barrel with potential to go higher) drive up bunker costs, trigger higher bunker and emergency surcharges, and ultimately raise total transportation costs for shippers and NVOCC customers.​ Policy horizon: tariffs, ship taxes, and Jones Act talk Ashley notes the administration’s heavy focus on maritime policy, new and potential 232/301 investigations, a 301 forced labor inquiry touching over 60 trading partners, and proposals like a “universal ship tax” and land border fee that NCBFAA and peer associations are actively reviewing.​ The committee is also watching discussions around Jones Act waivers for energy flows and coordinating with other trade associations (NITL, World Shipping Council, NRF, NAM, U.S. Chamber) to present a unified industry position.​ Why This Matters for NCBFAA Members Throughout the episode, Lori, Rich, and Ashley underscore the resilience of the brokerage and forwarding community and the central role of NCBFAA—especially the Transportation Committee and its export subcommittee—in: Interpreting fast‑moving developments at choke points like the Persian Gulf. Engaging directly with FMC, BIS, ...
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    43 mins
  • [ROUNDUP] Trade Recruiting Hacks: Entry-Level to VP with Colleen Erickson

    [ROUNDUP] Trade Recruiting Hacks: Entry-Level to VP with Colleen Erickson
    Mar 16 2026

    Host: Annik Sobing Guest: Colleen, Trade Compliance Recruiting Solutions Recorded at: ICPA Conference (in-person) Published: March 2026 Length: ~15 minutes Presented by: Global Training Center

    Trade Jobs Are Exploding—But Here’s How to Actually Land One (Live from ICPA)

    Live from ICPA, Annik sits down in-person with recruiting expert Colleen from Trade Compliance Recruiting Solutions—the boutique firm specializing exclusively in trade compliance roles (import/export, brokerage, analyst to VP). They break down the tight talent market, entry-level realities, resume pitfalls, salary trends, and why busy pros aren’t jumping ship lightly. If you’re job hunting, hiring, or just curious about trade career paths—this is your roadmap.

    What You’ll Learn in This Episode
    • Entry-level truth
      • Skip certifications first (LCB exam, etc.)—companies want hands-on experienceover credentials.
      • Start anywhere (brokerage, import/export sides) to learn processes, then certify. Passion for global trade > classroom knowledge.
    • Mid-career job search toolkit
      • Free resume reviews from Colleen’s team: ATS-proof keywords, quantifiable achievements, consistent formatting—makes your resume “pop.”
      • They track your skills/location/preferences (remote/hybrid/office) and match future roles—no black-hole applications.
    • Salary & market intel
      • Annual Salary Analysis Report (free on their site/LinkedIn/ICPA): Ranges from specialist to director/VP, based on actual placements.
      • Hiring trends: Companies should streamline (no 6-round interviews for specialists); candidates—avoid emotional jumps.
    • Hot market realities
      • Jobs everywhere—they’re busier than ever, but talent pool is tight (75-day placements vs. prior 60 days).
      • Remote still king; compliance pros too swamped to job hunt actively. Patience pays—define your next role’s challenges/learning.
    Interview Process Tips
    • Recruiters like hers bypass AI screeners—your vetted resume hits decision-makers directly.
    • Free interview prep: Screening, tips, mock sessions (some pros need the practice).
    • Mentorship for all levels: “Maybe your next step isn’t ready yet—let’s build toward it.”
    Key Takeaways
    • Leverage networks/conferences like ICPA—build connections beyond job boards.
    • For hirers: Partner with niche recruiters to fill roles faster.
    • For job seekers: Get hands-on > certify; use free tools (resumes, salary data, prep); don’t settle.
    • Trade recruiting is personal—reach out anytime. Market’s hot; something’s out there for everyone.

    Credits Host: Annik Sobing Guest: Colleen, Trade Compliance Recruiting Solutions

    Listen & Subscribe

    • Simply Trade main page: https://simplytrade.podbean.com
    • Apple Podcasts: https://podcasts.apple.com/us/podcast/simply-trade/id1640329690
    • Spotify: https://open.spotify.com/show/09m199JO6fuNumbcrHTkGq
    • Amazon Music: https://music.amazon.com/podcasts/8de7d7fa-38e0-41b2-bad3-b8a3c5dc4cda/simply-trade

    Connect with Simply Trade

    • Podcast page: https://www.globaltrainingcenter.com/simply-trade-podcast
    • LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast
    • YouTube: https://www.youtube.com/@SimplyTradePod

    Join the Trade Geeks Community

    • Trade Geeks (by Global Training Center): https://globaltrainingcenter.com/trade-geeks/
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    13 mins
  • [Cindy’s Version] This Is Me Trying

    [Cindy’s Version] This Is Me Trying
    Mar 13 2026

    Host: Cindy Allen Published: March 13, 2026 Length: ~15 minutes Presented by: Global Training Center

    Episode Summary

    In this week’s episode of Simply Trade: Cindy’s Version, Cindy Allen breaks down the latest developments following the Supreme Court’s decision striking down IEEPA tariffs—and what CBP is proposing as a path forward for duty refunds.

    CBP has introduced a proposed automated system called CAPE (Consolidated Administration Processing of Entries) to manage refund claims tied to the invalidated tariffs. While the proposal answers some questions, it also raises several new operational considerations for importers and customs brokers.

    At the same time, global trade policy continues to move quickly. The administration has launched new Section 301 investigations covering 16 major economies, announced forced labor investigations involving 60 countries, and is monitoring supply chain risks tied to oil disruptions in the Strait of Hormuz.

    Inspired by Taylor Swift’s This Is Me Trying, Cindy walks through what we know, what we don’t know yet, and why the trade community may need to remain patient as the refund process takes shape.

    This Week in Trade

    • New Section 301 investigations targeting structural excess manufacturing capacity across 16 economies • Forced labor investigations announced involving 60 countries • Ongoing monitoring of supply chain risks tied to the Strait of Hormuz • Possible Jones Act waiver discussions as energy logistics concerns grow

    IEEPA Refund Process: What We Know So Far

    Following the Supreme Court decision, CBP has proposed a new automated refund system called CAPE, which would allow importers or brokers to submit claims through a portal connected to ACE.

    The proposal includes:

    • A portal-based refund submission process • Automated recalculation of entries with IEEPA duties removed • Updated entry records reflected back into ACE

    While the framework is promising, several operational questions remain—including how already liquidated entries, reconciliation filings, and broker system updates will be handled.

    Key Takeaways

    • CBP is developing a structured process for IEEPA duty refunds • Importers will likely need to submit claims through a CAPE portal • Some refund scenarios remain unclear and may require legal guidance • Major new Section 301 investigations signal continued trade enforcement activity • Global supply chain risks remain elevated due to energy disruptions

    Credits

    Host: Cindy Allen - Trade Force Multiplier

    Producer: Lalo Solorzano

    Simply Trade is produced by Global Training Center

    Subscribe & Follow

    • YouTube • Spotify • Apple Podcasts

    Join the conversation with fellow trade professionals in the Trade Geeks Community: https://globaltrainingcenter.com/portal/?utm_source=SimplyTradePodcast
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    16 mins