Brace for Forced Labor Detentions: 2024 Trade Trends Unveiled
Businesses are urged to brace themselves for potential detentions linked to forced labor as targeted products and sectors increase. The International Trade Institute, host of the event 'Navigating the Future: 2024 Trends in International Trade', offers insights into the latest developments in international trade for 2024 and beyond.
The webinar will delve into crucial topics such as FDA regulations, AD/CVD cases, import/export enforcement, and forced labor issues. Attendees can expect updates on the FDA's enforcement of new requirements under the Modernization of Cosmetics Regulations Act (MoCRA) and the future of regulatory oversight of food.
Litigation over entities being placed on the Entity List will be discussed, along with penalties for double invoicing schemes and e-commerce updates under import/export enforcement. Importers should prepare for an increase in AD/CVD cases, uncertain environments, and shifting supply chains. Companies are advised to prepare now for potential 'ice raids' related to forced labor, with an increase in targeted products and sectors regarding these issues.
The International Trade Institute's webinar 'Navigating the Future: 2024 Trends in International Trade' promises to equip businesses with the latest information on Section 301 and Section 232 tariffs, helping them navigate the complex landscape of international trade in 2024 and beyond.