10th Annual Global Trade Educational Conference
Intercontinental Chicago Magnificent Mile Hotel
July 28th - 30th, 2024
Program
300+ ATTENDEES
CONFERENCE TOPICS
50+ SPEAKERS
SUNDAY, JULY 28TH
15 CREDITS
MONDAY, JULY 29TH
20 SESSIONS
TUESDAY, JULY 30TH
CONFERENCE TOPICS
CONFERENCE TOPICS
WORKSHOPS
Sunday, July 28th
REGISTRATION DESK OPEN
7/28 | 11:00 AM - 06:00 PM
Streeterville Foyer
PRE-CONFERENCE WORKSHOPS
7/28 | 1:00 PM - 4:00 PM
Avenue Ballroom (1/2 room)
Sponsored By: Faegre, Drinker & Biddle
#2: Business Development: Best Practices for Global Service Providers
7/28 | 1:00 PM - 4:00 PM
Avenue Ballroom (1/2 room)
Increase your prospect base, close more deals, and grow your business.
This 3-Hour Pre-Conference Workshop will provide a blueprint for service providers to follow to gain the best opportunity to increase sales, higher margins, and more sustainable client relationships.
The presenter will work in a format with participants engaged in the discussion, case studies and provide a methodology to move away from cold calling into more effective business development practices.
Learn to create opportunities for those who want to speak with your organization, add value and create a better value proposition for your business development initiatives.
EXHIBITORS SETUP
7/28 | 12 Noon - 5:00 PM
Avenue Ballroom Foyer
WELCOME RECEPTION
7/28 | 5:00 PM - 6:00 PM
Avenue Ballroom
Sponsored By: Sandler Travis & Rosenberg and A.N. Deringer
ENJOY CHICAGO!
7/28 | 6:00 PM- 10:00 PM
Monday, July 29th
REGISTRATION DESK/
INFORMATION CENTER
7/29 | 7:00 AM - 5:00 PM
Streeterville Foyer
BREAKFAST
7/29 | 7:00 AM - 8:00 AM
King Arthur Ballroom
Sponsored By: Roanoke
OPENING SESSION
7/29 | 8:00 AM - 8:20 AM
SESSION A: Geopolitical Impacts
to Trade Flows
7/29 | 8:30 AM - 10:00 AM
Avenue Ballroom
This panel will explore the forces that are reordering global supply chains and trade relations, with particular emphasis on the role of geopolitical competition, national security, industrial policy, climate change, and human rights. The discussion will focus on the way liberal economic orthodoxy has come under pressure in the US, and what that means for trade policy and practice at home and abroad. The panel will, additionally, examine the adaptive strategies companies have implemented to mitigate trade risk and enhance transactional certainty (nearshoring, reshoring, operational engineering, China + 1, etc.).The panel will conclude by considering the immediate and intermediate-term implications of the transformative dynamics that now characterize the international trade environment.
SESSION B: AI Applications in Trade
7/29 | 8:30 AM - 10:00 AM
Camelot Ballroom
AI in Trade - is it real, or is it hype? Join us to learn more about "AI Applications in Trade," where we will demystify what AI is and how it's already impacting the trade industry. We'll discuss 1) what is AI and how is it changing jobs in the near-term, 2) where we're seeing real uses cases of AI in trade today, and 3) how to move forward with AI in your business. This session is designed to equip trade professionals, customs brokers, and freight forwarders with the tools and knowledge to know how to leverage AI effectively and drive innovation in their organizations. Don't miss this opportunity to stay ahead in the ever-evolving world of trade!
COFFEE BREAK
7/29 | 10:00 AM - 10:20 AM
Avenue Ballroom Foyer
SPONSORED BY: Tuttle Law
SESSION A: Penalties and Liquidated Damages
7/29 | 10:20 AM - 11:50 AM
Avenue Ballroom
Importers, customs brokers, bonded warehouse proprietors, foreign trade zone operators, and bonded carriers are subject to CBP laws and regulations. Violations and failure to comply with these requirements can result in a Notice of Penalty or Liquidated Damages and a Demand for Payment. This session will provide you with an understanding of the different types of penalties that are commonly assessed, such as 19 USC §1592, 19 USC §1595a, and broker penalties, as well as the various types of liquidated damages, and what triggers them. This session will also cover how to prepare your petition to maximize your mitigation or request for cancellation of the penalty or Liq. Damages demand.
SESSION B: Export Penalties and How
to Avoid Them
7/29 | 10:20 AM - 11:50 AM
Camelot Ballroom
Please join our panel for a comprehensive and wide-ranging discussion of export penalties and how to put your company in a position to avoid them. The panel will first walk the audience through a lecture on export and sanctions compliance basics including (but not limited to) the following: (1) export classification and commodity jurisdiction under Dept. of Commerce/EAR and Dept. of State/ITAR rules; (2) restricted party screening and sanctions and embargo compliance under Dept. of Treasury/OFAC rules; (3) the latest freight forwarder guidance issued by the Bureau of Industry and Security; (4) how to build an effective export compliance and sanctions compliance program; 2024 penalties under relevant export compliance and sanctions and embargo laws and rules; and (5) Electronic Export Information/Automated Export System compliance attendant to exports. The panel will then shift to a discussion of how a breakdown in compliance with respect to the foregoing through real-world examples can lead to a voluntary self-disclosure (if discovered and disclosed before the U.S. Government becomes aware) or to penalties, denial of export privileges or even criminal prosecutions in circumstances where violations were committed willfully. The combination of a discussion of substantive basics with a real-world examples should give the audience a well-rounded and thorough discussion of export controls and sanctions and how measures can be taken by your company right now to avoid penalties and other compliance mishaps.
SESSION A: Antidumping/Countervailing
Duties and Trade Remedies
7/29 | 11:50 AM - 1:20 PM
Avenue Ballroom
The panel will delve into recent AD/CVD trends including circumvention investigations, the recent investigations into aluminum extrusions from multiple countries and the effect of the 'AD/CVD lifecycle' on bond limits and surety bond liability. They will also share best practices for minimizing bonding issues related to AD/CVD risks. Finally, the panel will address the challenges associated with the forthcoming 301 duties.
SESSION B: Responding to a
Forced Labor Detention
7/29 | 11:50 AM - 1:20 PM
Camelot Ballroom
LUNCH (ON YOUR OWN)
7/29 | 1:20 PM - 2:30 PM
SESSION A: Cybersecurity Risks
7/29 | 2:30 PM - 4:00 PM
Camelot Ballroom
The consequences of a cybersecurity attack are significant. According to a recent IBM report, the average cost in 2023 globally of such an attack was $4.45 million, took on average 207 days to discover and, on average, took another 73 days to contain. The most common forms of hacking are business email compromise, ransomware, and insider threats. This session will feature a discussion about current trends in cybersecurity, what hackers are after/why you were chosen, tips to minimize your risk profile, the availability of open source intelligence, how to prepare for a possible hack and what to do when one happens. The speakers include a Supervisory Special Agent from the Chicago office of the Federal Bureau of Investigation's Cyber / Counterintelligence branch, and a Cybersecurity Advisor from the Cybersecurity and Infrastructure Security Agency (CISA). Bring your questions as there will be a Q&A session.
SESSION B: CARM, Bonding & Other Canadian Issues
7/29 | 2:30 PM - 4:00 PM
Avenue Ballroom
What's on the trade horizon north of 49th Parallel? The rescheduled launch date for CARM is October 21, 2024. Hear about the current work arounds, understand why a challenging transition is still anticipated and what importers and brokers should do now. The panel will also discuss other significant new and emerging Canadian trade issues, including valuation, Canada's Forced Labor requirements, the Plastics Registry, and the new Quebec language law affecting products sold in the province, as we look forward to USMCA/CUSMA/T-MEC in 2026!
COFFEE BREAK
7/29 | 4:00 PM - 4:20 PM
Avenue Ballroom Foyer
Sponsored by: MK MARIN
SESSION A: FDA Tools and More
7/29 | 4:20 PM - 5:50 PM
Camelot Ballroom
Understanding the FDA inspectional process and the new Cosmetic requirements.
SESSION B: FMC Regulations and Compliance Approaches – Key Information For NVOCCs and Freight Forwarders as well as for Shippers and Consignees
7/29 | 4:20 PM - 5:50 PM
Avenue Ballroom
Join our panel of experts as we discuss the key elements of OSRA, Detention and Demurrage, Pass Through Charges, Co-Loading of Cargo, NRAs versus Rate Filings, Complaints, and Back to the Basics of FMC. There will be key take aways for all to take back to your companies to review for possible updates. Join us to minimize your risk, drive an increase in compliance and best practices shared during the discussion.
NETWORKING RECEPTION
7/29 | 6:00 PM - 9:00 PM
Renaissance Ballroom
Sponsored By: Avalon Risk Management
Tuesday, July 30th
REGISTRATION DESK/
INFORMATION CENTER
7/30 | 7:00 AM - 12:00 PM
Streeterville Foyer
BREAKFAST
7/30 | 7:00 AM - 8:00 AM
SPONSORED BY: Mohawk Global
SESSION A: CBP Forms 28/29s, Post Summary Corrections & Prior Disclosures
7/30 | 8:00 AM - 9:30 AM
Avenue Ballroom
CBP frequently communicates with importers through Requests for Information (CF28) and Notices of Action (CF29). While a CF28 request may be simply for clarification purposes, the inquiry could also be indicative of a larger noncompliance issue. CF28s and CF29s are frequently used when CBP believes that an importer has potentially made a material false statement such that an investigation may be warranted and can be a trigger event for a potential enforcement action. This panel will explore how to understand and respond to CF28s and CF29s, as well actions that may be taken to correct entry declaration errors and strategies to protect the importer from the adverse consequences of noncompliance, including post summary correction, protests, and prior disclosures.
SESSION B: Export Government Agency Requirements
7/30 | 8:00 AM - 9:30 AM
Camelot Ballroom
We don’t talk enough about the Federal Government Agency requirement on goods leaving the country. Although not as many Federal regulatory requirements on the export side of cross-border trade in the U.S. they can be equally challenging to keep track of. The panelists will share tools and resources available that will help expand your knowledge of the export reporting requirements of various Participating Government Agencies (PGA).
Speakers:
Donna Kavanaugh, A.N. Deringer
Lisa Waller, BDG International
Robert Evelyn, Supervisory CBP Officer
COFFEE BREAK
7/30 | 9:30 AM - 9:50 AM
Avenue Ballroom Foyer
Sponsored by: Mitchell Silberberg & Knupp LLP
SESSION A: Ins and Outs of Reconciliation
7/30 | 9:50 AM -11:20 AM
Avenue Ballroom
This panel will cover the “in’s and out’s” of Reconciliation, including its history since being announced in 1998 by the then-U.S. Customs Service as a “Prototype” program (a distinction that still remains in place more than a quarter of a century later!). The presentation will delve into detail regarding the three issues that can be addressed via Recon: tariff classification, USMCA (previously NAFTA), and customs valuation. Importantly, the presentation will use a case study addressing post-importation valuation adjustments to highlight the shortcomings of Reconciliation and the need to consider the complete range of CBP’s other administrative procedures to fully address importers’ needs.
SESSION B: International Trade Compliance: How to Grow Your Career
7/30 | 9:50 AM -11:20 AM
Camelot Ballroom
Join our comprehensive session on growing your career in International Trade Compliance, designed to help you prepare for your annual review and enhance your career prospects. We'll explore the critical importance of trade compliance, outline various career paths in the field, and identify the essential skills and knowledge needed for success. Discover strategies for advancing your career in international trade, including relevant certifications and training opportunities. Learn how to leverage the LinkedIn algorithm for professional development and networking. This session offers valuable insights and practical guidance to help you excel in the trade compliance industry. Don't miss out on this opportunity to boost your career growth!
SESSION A: False Claims Act and EAPA – from allegation to enforcement
7/30 | 11:20 AM - 12:50 PM
Avenue Ballroom
The False Claims Act and the Enforce and Protect Act (EAPA) provide two important avenues for addressing alleged customs duty evasion. Since EAPA’s enactment in 2016, CBP has initiated more than 260 investigations of alleged evasion of antidumping and countervailing duty orders. False Claims Act cases involving duty evasion (many involving AD/CVD) have also risen significantly. While both statutes can be triggered by allegations from private entities, these laws differ greatly in scope, remedies and procedures. This panel will explore the key elements and differences in EAPA and FCA cases. The panel will review examples of customs issues that can arise in both contexts, and possible strategies for avoiding or minimizing negative consequences from the initiation of such actions.
SESSION B: Duty Mitigation Strategies: Drawback and Foreign-Trade Zones
7/30 | 11:20 AM - 12:50 PM
Camelot Ballroom
Drawback and Foreign-Trade Zones: Understand the power of strategically using duty drawback and FTZs to your advantage to minimize duty exposure. Our panel of experts will explain both programs, as well as discuss how to use the programs in concert to maximize your mitigation efforts.
LUNCH & Exhibitor Prizes
7/30 | 12:50 PM - 2:20 PM
King Arthur Ballroom
Sponsored by: CHARTER BROKERAGE & EPIC BROKERAGE-TOKIO MARINE
SESSION A: Who Has the Right to
Make Entry?
7/30 | 2:20 PM - 3:50 PM
Avenue Ballroom
Who has the right to make entry? This panel will discuss and analyze pertinent CBP guidance and Headquarters Rulings to dive deep on the question of who can act as the importer of record. The panel will also share recent enforcement experiences and compliance tips for the broker and importer community.
SESSION B: What Keeps A Forwarder Up At Night; Navigating Risk and Embracing Challenges
7/30 | 2:20 PM - 3:50 PM
Camelot Ballroom
Join us for an insightful presentation by industry experts on navigating the risks and embracing the challenges of the freight forwarding industry. This session will delve into critical topics such as validating subcontractors, mitigating stolen cargo and fraud, understanding Incoterms, and identifying liability shifts. We will explore domestic and international challenges, including the impact of current events on freight forwarding operations. Equip yourself with the knowledge and strategies to thrive in an industry that often keeps us up at night.
COFFEE BREAK
7/30 | 3:50 PM - 4:10 PM
Avenue Ballroom Foyer
SESSION A: LacEy Act | Another Phase
7/30 | 4:10 PM - 5:40 PM
Camelot Ballroom
Representatives from the International Wood Products Association and the USDA Animal and Plant Health Inspection Service will cover the basics of the Lacey Act, one of the oldest conservation laws in the United States. Learn more about the act and about Phase VII implementation of the import declaration requirement by attending this presentation!
SESSION B: AES Compliance for USPPIs and Filers
7/30 | 4:10 PM - 5:40 PM
Avenue Ballroom
Join us for an engaging conversation regarding Automated Export System (AES) compliance for U.S. Principal Parties in Interest (USPPIs) and forwarder-authorized agent filers. Our session will focus on addressing the common challenges encountered by USPPIs and forwarder-filers, as well as examining recent and upcoming changes that will impact the Electronic Export Information (EEI) filed in AES.