Amazing Directions Summit in New York City today arranged by our partner Altana with a full house in dialogue about AI in Customs & Supply Chains. A timely event with the recent tariff storm & increasing enforcement of ESG regulations, like the UFLPA.
I did a panel about Product Passports with Michael DeVitto from LLBean & Aaron Libbey from Altana. Great conversation.
Altana CEO, Evan Smith & former U.S. Commerce Secretary and Governor of Rhode Island, Gina Raimondo, kicked off the Summit.
Takeaways so far:
👉🏻Chaos, unpredictability, and shocks to the global trade system are here to stay
👉🏻Mastering trade in an era of global fragmentation means knowing your products: what they are, how they’re sourced, how they move
👉🏻Network-level problems in global trade require collaborative, network-based solutions
👉🏻Trade Compliance is the new license to play
👉🏻Own your data
👉🏻Manage your partner network &
👉🏻Select solutions that can manage multiple risks & markets
👉🏻Product Passports for goods is here, get ready for it!
I am in US for the rest of the week to discuss various customs related challenges, including the escalating current tariff conflict.
The international trade environment is certainly in the focus of world news right now.
Today US President Donald Trump raised the tariff on Chinese imports to 125% on Wednesday, hours after China boosted the duty on American goods to 84% in an escalating battle that threatens to disrupt trade between the world’s two largest economies.
Trump on Wednesday also announced a 90-day pause in all the “reciprocal” tariffs that he rolled out last week.
You must be logged in to post a comment.