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- Preparing for the Tariff Wave: Michelle Schulz on How Trump's August 1 Deadlines Could Hit Your Wallet
Michelle Schulz on KLTV 7, ABC Preparing for the Tariff Wave: Michelle Schulz on How Trump's August 1 Deadlines Could Hit Your Wallet July 22, 2025 Houston's Morning Show KRIV-TV Fox 26 Anchor: DaLaun Dillard In a recent appearance on KRIV-TV in Houston on July 22, 2025, Michelle Schulz , founder of Schulz Trade Law, shared critical insights into the impending impacts of President Trump's proposed tariffs. As trade tensions escalate beyond China to include countries like Brazil, Europe, Canada, and Mexico, consumers and businesses alike are bracing for higher prices on everyday essentials. Drawing from her expertise in international trade law, Schulz highlighted key products at risk, timelines for cost increases, and practical steps to mitigate the effects. Everyday Items Poised for Price Hikes Tariffs aren't just about distant factories—they touch the products we use daily, from morning coffee to household basics. Schulz emphasized that while much attention has focused on China, many imports come from other global sources now facing steep duties. "We've got coffee from Brazil. A lot of everyday items that you'll notice, whether it's food or pharmaceuticals, there are everyday items like machinery, computer parts, even aircraft parts. You've got to take an airline flight. There's a lot of stuff on there that is not from China. So many different everyday things, vinegar, you name it. It may come from somewhere else." Specific examples include: Coffee and fruits from Brazil, potentially facing 50% tariffs. Tomatoes and wood from Mexico and Canada, subject to 30% tariffs. Metals like copper, aluminum, and steel , also at 50%, affecting everything from home appliances to medical needles. Schulz noted the broad ripple effects: "Think of all the things in your house that include steel, aluminum, any kind of copper. I've had clients tell me that needles for pharmaceutical products are going to become more expensive. It is amazing when you think about all the different industries this will impact, from medical to food." Timeline: When Will Consumers Feel the Pinch? With the August 1, 2025, deadline looming, Schulz warned that not all negotiations will conclude in time, leading to rapid implementation of tariffs as high as 50% on Brazil and 30% on Europe, Canada, and Mexico. "I think you'll start seeing it in the next two or three months, maybe four, but probably sooner. We're already seeing companies in Texas and across the US that are either taking on that price hit temporarily or they're already passing it on to the clients." She added that the full effects build gradually: "Consumers just need to be ready, because they really haven't experienced the hit yet. It's not an immediate hit. It's something that happens over time, and we are getting to that time." This phased rollout means businesses may absorb initial costs, but as stockpiles dwindle, price increases will trickle down to retail shelves by September or October 2025. Smart Strategies to Prepare Your Budget Now As tariffs approach, Schulz advised proactive measures to soften the blow on personal finances and supply chains. "If you're trying to manage your budget, I would go ahead and prepare for prices to increase, maybe stock up on those things that you think you're going to need more of. We have noticed that Canada and Mexico are going to be subject to 30% tariffs. We import a lot of wood from Canada. You know, any kind of product that may go up, companies are stocking up now, because the prices will increase before long, and it will be a significant increase." Key tips for consumers: Stock up on non-perishables like coffee, canned goods, or metal-based household items. Monitor budgets for gradual rises in groceries, pharmaceuticals, and travel costs. Stay informed on trade developments to anticipate further changes. Schulz's overarching message: Awareness and preparation are key in navigating these economic shifts. At Schulz Trade Law , we're dedicated to helping businesses and individuals understand and adapt to evolving trade policies. If you're concerned about how these tariffs might affect your operations or personal finances, contact us today for a consultation. Subscribe to receive updates. KRIV-TV, Houston KRIV-TV/Fox 26, Houston-Galveston https://www.facebook.com/fox26houston/ @FOX26Houston https://www.instagram.com/fox26houston/ About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Tariff Turbulence: Michelle Schulz Warns of Ripple Effects from Proposed EU Trade Barriers
Michelle Schulz on KLTV 7, ABC Tariff Turbulence: Michelle Schulz Warns of Ripple Effects from Proposed EU Trade Barriers July 19, 2025 KLTV 7 East Texas ABC By Leo Quevedo and Brittany Hunter Published: July 19, 2025 – KLTV, Tyler, TX Schulz and McKelvey outline risks to Texas businesses and U.S. investment amid looming 30% tariffs. President Trump’s recent announcement to impose 30% tariffs on goods from the European Union and Mexico —set to begin August 1—has sparked major concern among trade and industry experts. With the EU and Mexico among America’s largest trade partners, the policy threatens to disrupt key economic relationships. To break down the implications, Michelle Schulz , Managing Partner at Schulz Law Firm and incoming Board Chair for the European American Chamber of Commerce Texas , joined Erin McKelvey , President and CEO of the Chamber, for an interview with East Texas Now’s Leo Quevedo. E.U. Import Costs for Texas? KLTV 7 EU: A Unified Front in Trade “The EU is no longer just a group of countries—we’re now dealing with a single economic unit,” Schulz explained. “When you’re dealing in a single currency, it’s almost as if there are no borders between the countries.” According to the U.S. Trade Representative, the EU is America’s largest trading partner, accounting for $976 billion in goods trade in 2024 . This makes the stakes of new tariffs particularly high. Texas at the Epicenter of Impact McKelvey emphasized how closely tied the EU is to Texas’ economy , especially in manufacturing, energy, and foreign direct investment (FDI). “Europe contributed almost $100 billion in new investment into the United States in 2024— 64% of all new FDI , more than any other global region,” she said. These investments include critical sectors like automotive manufacturing in Texas and along the East Coast. But the ripple effects of retaliatory tariffs could be devastating. From Trade Policy to Layoffs Tariffs meant to reduce trade deficits may have the opposite effect on local economies. McKelvey offered a sobering example: “Some European firms are telling their U.S. vendors they’re cutting purchases. That means plant closures and layoffs —not just in Europe, but right here in Texas.” She added, “The cost will be passed on to consumers. That’s going to be difficult for business.” Broader Concerns: Energy, Standards, and Diplomacy Schulz and McKelvey also discussed several high-stakes issues: Industries with U.S. trade surpluses , like aerospace , that may now face European countermeasures Texas’ leadership in clean energy , and the risk that shifting standards and retaliatory tariffs could stall progress Long-term strain on diplomatic and economic ties between the U.S. and EU “I think the fallout will be a lot more difficult than people really understand,” McKelvey said. “It’s across the board.” Watch the Full Interview In this in-depth conversation, Schulz and McKelvey outline what’s at stake for East Texas and beyond. Watch both parts of the full interview below for the complete analysis. If your company is exposed to global trade, now is the time to review your strategy. Contact Schulz Trade Law today for personalized guidance. Subscribe to receive updates. Copyright 2025 KLTV. All rights reserved. About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Tariffs and the Consumer Squeeze: Michelle Schulz on KCBS Radio Discusses What’s Coming
Michelle Schulz on KLTV 7, ABC Tariffs and the Consumer Squeeze Michelle Schulz on KCBS Radio Discusses What’s Coming July 19, 2025 KCBS Radio San Francisco Host: Liz Saint John As the Trump administration moves forward with sweeping new tariffs—some climbing as high as 50% on Brazil , 40% on other countries , and 30% on the EU —the ripple effects are being felt across U.S. businesses and households. On KCBS Radio, Michelle Schulz , Founder of Schulz Trade Law , joined Liz Saint John to break down what these tariffs mean for industries, prices, and consumers—and how quickly we’ll all start to feel the squeeze. Importers Hit First —and Hardest “The U.S. importer pays the tariff. When you look at the August 1 deadline, we’re about to see a snapback to reciprocal tariffs, and U.S. businesses that rely on foreign components can’t sustain domestic manufacturing under that cost pressure.” Industries from aerospace to oil and gas and clothing are already recalculating production costs. Thin profit margins are forcing companies to raise prices or reduce their U.S. manufacturing footprint. What This Means for Consumers Liz Saint John raised a critical point: How can consumers make sense of it all? Schulz explained: “You’ll start seeing an uptick in the next three to four months. Even with duty savings programs, most of the increased costs are passed to the consumer. There just isn’t enough margin to absorb a 30–50% tariff.” Expect price hikes in: Groceries and gourmet foods (especially from Mexico and the EU) Technology and electronics Aircraft parts and travel-related costs Few Industries Are Immune Even “Made in the USA” labels don’t always shield from tariffs. Schulz clarified: “To qualify as ‘Made in the U.S.,’ a product must be all—or substantially all—made domestically. Most end products in stores contain foreign materials or components, so they’re still tariff-exposed.” Some manufacturers are attempting to restructure product sourcing or claim partial exemptions, but the burden of proof is high and the compliance process complex. Business Realities: From Absorbing to Passing Costs Initially, some companies tried to shield customers: “We’ve seen businesses agree to absorb part of the tariff due to prior contract terms. But now that there's been sufficient warning, most aren’t doing that anymore,” Schulz said.“They’re pricing the tariffs in—passing it to both their customers and suppliers .” What’s Next? As global tariff policies continue to evolve, businesses are scrambling to adapt. Schulz emphasized that industries will need legal strategies, trade compliance guidance, and contract renegotiation to stay competitive in this volatile landscape. Subscribe to receive updates. About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Tariffs on the Rise: Michelle Schulz Discusses the Coming Cost Surge on WBAP Radio
Michelle Schulz on KLTV 7, ABC Tariffs on the Rise: Michelle Schulz Discusses the Coming Cost Surge on WBAP Radio July 21, 2025 News Talk WBAP Dallas-Fort Worth Hosts: Ernie Brown and Monty Cook As the U.S. prepares to implement a sweeping new round of tariffs—including reciprocal tariffs as high as 50% starting August 1 —businesses and consumers are bracing for rising costs. On WBAP Radio, Michelle Schulz , Founder and Managing Partner of Schulz Trade Law , joined hosts to discuss how these tariffs are already impacting materials like copper, aluminum, and steel , and what we can expect next. What Tariffs Are in Effect Now? Schulz explained that while many new tariffs are set to begin on August 1 , we’re already seeing significant pressure from metals tariffs: “Copper, aluminum, and steel are already at up to 50% , and what’s coming next is a snapback of reciprocal tariffs—country by country—that could also go as high as 50%.” Beyond these metals, Schulz warned of tariff stacking , where standard tariffs are combined with reciprocal or issue-specific ones like those related to fentanyl, amplifying the cost burden for importers. Check our Tariff Tracker How Are These Tariffs Affecting Consumers? When asked about the real-world impact at grocery stores, auto shops, or big-box retailers, Schulz noted: “You’ll probably see a small increase today , but the big wave hasn’t hit yet. Many of our clients are still absorbing those costs to avoid passing them to customers. But as the tariffs rise, businesses won’t be able to eat those costs anymore —you’ll definitely see prices go up.” This slow build-up may make it harder for consumers to link price hikes directly to tariffs—but the increases are coming, especially in heavily imported sectors. Tariffs as Negotiating Tactics? The hosts speculated that these tariffs could be part of a broader strategy rather than a long-term policy—something Schulz cautiously agreed with: “A 50% tariff on Brazil , one of our strongest trading partners, is likely a political push . The 30% on the EU could also be a bluff. It’s very possible we’re seeing a high-stakes negotiating tactic rather than a permanent shift.” If that’s true, the administration may be hoping to leverage tariff threats to renegotiate trade deals . But Schulz cautioned that such a gamble comes with risks—particularly foreign retaliation . 🌍 Expect Retaliation from Key Allies Schulz highlighted global reactions: “The EU , Japan , and likely Mexico have all indicated they’ll retaliate. And when that happens, it becomes harder for U.S. exporters to compete abroad.” While the U.S. imposes tariffs on incoming goods, other countries will impose their own in return, restricting market access for American producers—especially in agriculture, machinery, and energy . Conclusion: Tariffs May Be Temporary, But Their Effects Won’t Be Even if these tariffs are eventually pulled back or negotiated down, Schulz warned that the disruption to pricing, production planning, and international relationships could linger far longer. “Unless we reach a deal, these retaliatory measures are going to get worse. And it’s U.S. importers and consumers who pay the price —not foreign companies.” Subscribe to receive updates. WBAP Radio, Dallas-Fort Worth https://www.facebook.com/NewsTalk820WBAP/ @WBAP247NEWS Show: WBAP Morning News Hosts: Ernie Brown and Monty Cook About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Fleeing the Scene: The Technology Sector's Reaction to Reciprocal Tariffs
Publication Fleeing the Scene The Technology Sector's Reaction to Reciprocal Tariffs July 15, 2025 Circuits , Volume 30 Computer & Technology Section Congratulations to Jacob Barefield on His Publication in Circuits! We're thrilled to congratulate Jacob Barefield , Associate Attorney at Schulz Trade Law PLLC, for having his insightful article published in the July 2025 issue of Circuits , the e-Journal of the Computer & Technology Section of the State Bar of Texas! In the July 2025 edition of Circuits , starting on page 9, Jacob dives into the technology sector's response to the Trump Administration's aggressive reciprocal tariff policies, which were implemented in April 2025 under the International Emergency Economic Powers Act (IEEPA). Jacob examines how tech giants are scrambling to adapt to skyrocketing tariffs—such as China's 145% rate on U.S. tech imports—and the resulting frenzy to restructure supply chains. From shifting foreign direct investment (FDI) and manufacturing to countries like India, Vietnam, and Mexico, to leveraging "substantial transformation" rules for changing country of origin (COO), the article breaks down strategic moves by companies like Apple to mitigate these trade barriers. Key highlights include: President Trump's Truth Social announcements signaling broad investigations into the electronics supply chain. Exemptions for certain products like smartphones and computers, but with uncertainty about their longevity. The push for "debrasing through tariffs" and its impact on U.S. tech imports from China. Case studies on Apple's production shifts from China to India and Vietnam, and potential pitfalls if new trade agreements aren't secured. This article offers essential insights for businesses navigating today's volatile international trade landscape, highlighting why relocation strategies may provide only temporary relief without long-term trade agreements. Please read the full article for a deep dive into these critical trade policy changes and what they mean for your business! Note: This article was drafted on May 1, 2025, and does not include an analysis of events or government actions that occurred between May 1, 2025, and the date this article was published. At Schulz Trade Law PLLC, we're proud of Jacob's contributions to trade law discourse. If you're facing tariff challenges or need guidance on supply chain strategies, contact us today! About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business. Subscribe to receive updates.
- Trump's Tariff Onslaught: Expert Strategies to Shield Your Business from Soaring Costs
Trump's Tariff Onslaught: Expert Strategies to Shield Your Business from Soaring Costs July 14, 2025 This Morning with Gordon Deal This Morning Show Host: Gordon Deal In an era of escalating trade tensions, US companies are grappling with the financial implications of President Trump's tariffs. A recent estimate from the JPMorgan Chase Institute highlights an additional $82 billion in costs for mid-sized US firms, with the potential for this to double if rates revert to peak levels from April. Adding to the urgency, Trump's recent announcement on Truth Social imposes a 30% tariff on goods from the European Union and Mexico, effective August 1, 2025. Trade attorney Michelle Schulz , Founder and Managing Partner of Schulz Trade Law in Dallas, joined " This Morning with Gordon Deal " on July 14, 2025, to discuss these developments. Drawing from her extensive experience in international trade law, Schulz shared practical advice for businesses navigating this challenging landscape. This blog post breaks down her key insights, offering actionable guidance for importers, manufacturers, and distributors facing rising tariff burdens. LISTEN to the INTERVIEW Understanding the Tariff Impact on US Importers and Manufacturers The tariff announcements have sent ripples through supply chains, prompting businesses to explore every avenue for relief. Schulz emphasized the immediate challenges: "We're hearing that they're trying every strategy they have in their side book to try to get through these tariffs, whether that's mitigation or special duty savings programs. It's very difficult for our clients right now." Tariffs are applied as a percentage of the goods' value upon import, with the US buyer—whether an importer, distributor, or manufacturer—bearing the cost. This universality means no sector is immune, but the approach to mitigation must be tailored. Schulz explained, "We really have to look at it case by case, because each case is different. You'll have tariffs that apply to the value of the goods depending on which country you're importing from, and then the importer pays those terms as a percentage." For businesses importing final products, parts, or items for servicing and re-export, opportunities exist to reduce exposure. One key tactic involves re-evaluating valuations through Customs rulings to lower the taxable base: "Sometimes what we can do is take a second look at the value and get the value lower using specific Customs rulings that allow you to use a lower value. It's like chipping away at it bit by bit, because we can't eliminate the whole thing." Proven Mitigation Tactics: From Foreign Trade Zones to Supply Chain Pivots Schulz's firm advises clients on a spectrum of strategies, adapting to whether the client is a manufacturer or pure importer. A standout option for manufacturers is leveraging temporary imports and Foreign Trade Zones (FTZs). As Schulz noted, "In some cases, we have companies that are importing final products. Sometimes they're importing parts of products, and in other cases, they're importing products that they will service and then ship back out. So depending on the situation, one example where we can save money is on temporary imports, where manufacturers might be manufacturing in, say, a Foreign Trade Zone in the US, they can manipulate the goods and then export them back out without ever officially entering the goods into the US and that's a big savings for manufacturers." Beyond these, businesses are pursuing broader relief measures. " At this point, they're looking for some sort of relief . We have some clients who are pursuing litigation, some who are going in for Customs rulings on specific issues, and other clients that just continue to pivot," Schulz said. In extreme cases, this includes relocating operations: "We recently had a company decide to move their manufacturing to France instead of the US for this reason. So in some cases, it's a complete supply chain difference." These tactics underscore the importance of proactive trade law consultation to minimize costs and maintain competitiveness amid US import tariffs and global trade disruptions. Future Outlook: Rising Challenges and Consumer Cost Implications Looking ahead, Schulz anticipates a more complex environment for US importers. "I think it's going to continue to get more and more confusing and more and more difficult for the US importer, because the tariffs, the ones that have been announced as recently as today and yesterday, have been pretty high. We're looking at tariffs 20% 30%," she warned. The ripple effects extend beyond businesses, as these costs inevitably trickle down: " That is always going to flow down into the cost of goods to the consumer , the US importer, typically can't bear that cost, and just because the profit margins aren't that great." As trade policies evolve, partnering with experienced trade attorneys like those at Schulz Trade Law can provide the clarity and strategies needed to thrive. For personalized advice on tariff mitigation, Customs rulings, or supply chain optimization, contact our team today to safeguard your operations against ongoing trade uncertainties. About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business. Subscribe to receive updates.
- Tariff Turmoil 2025: What It Means for Your Business – Michelle Schulz Breaks It Down on WBAP
Tariff Turmoil 2025: What It Means for Your Business Michelle Schulz Breaks It Down on WBAP WBAP: The James Parker Show July 15, 2025 “Tariffs haven’t disappeared — they’re just flying under the radar. But when they hit, they’ll hit hard.” — Michelle Schulz In a fast-moving interview on WBAP Radio’s James Show (July 15, 2025), Michelle Schulz — Founding and Managing Partner of Schulz Trade Law — cuts through the noise to explain how international tariff policy is about to shake the U.S. economy. While most headlines have shifted elsewhere, a wave of new tariffs against countries like Canada, Mexico, and even European allies is fast approaching. Schulz warns that businesses and consumers alike will soon feel the financial fallout — and offers real-world strategies to prepare and save. From the status of pending trade deals to why the stock market hasn’t blinked (yet), this candid conversation is packed with insight and practical takeaways. Read below for key highlights, quotes, and expert analysis. If your company is exposed to global trade, now is the time to review your strategy. Contact Schulz Trade Law today for personalized guidance. 1. The Calm Before the Storm: Tariffs Still Matter Host James Parker opens by noting how tariffs have quietly fallen out of public discussion. Schulz explains why the effects have been delayed — but not for long. Michelle Schulz says: “It’s nearly impossible to navigate, but I think it’s really going to flow down to the consumer in the next few months… when U.S. importers pass the cost to the buyers.” 2. Few Deals, Big Deadlines: What’s Coming Next The administration promised 90 trade deals in 90 days. According to Schulz, we’re nowhere close — and time is running out. Michelle Schulz explains: “We have probably… less than 20. And some are just letters — saying, ‘This is what we’re going to charge you unless you negotiate.’ And those tariffs are high.” 3. Neighbors in the Crosshairs: Canada & Mexico Even long-standing trading partners aren't safe. Tariffs on Canada and Mexico are still on the table — despite existing free trade agreements. Michelle Schulz warns: “Both Mexico and Canada are scheduled to be tariffed at higher rates — 35% is the rate we’re looking at now. And yes, retaliation is likely.” 4. Why the Market Hasn’t Reacted — Yet Despite these threats, stock markets remain near all-time highs. Schulz points to savvy corporate stockpiling — but says that buffer is running out. Michelle Schulz notes: “It’s a timing issue. A lot of clients stocked up early. But tariffs are about to apply to virtually every country… and that changes everything.” 5. Practical Steps for Businesses to Cut Tariff Costs Schulz outlines how businesses can protect themselves through proper valuation, classification, and the use of available duty-saving programs. Michelle Schulz advises: “We take a technical dive into their trade data… A lot of companies don’t understand customs valuation and overvalue — it’s one small way we reduce overall costs.” Don’t Wait for the Headlines to Catch Up The 2025 tariff wave is building. Whether you import raw materials, finished goods, or rely on global supply chains, this has a direct impact on your bottom line. Get ahead. Contact Schulz Trade Law for expert legal strategies tailored to your business. Subscribe to receive updates. The James Parker Show The James Parker Show [ Facebook ] @WBAP247NEWS Show: The James Show Host: James Parker // @jamesparkershow https://www.facebook.com/thejamesparkershow/ https://www.instagram.com/jamesparkershow/ https://www.youtube.com/@thejamesparkershow About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Kelly McCorkle to Panel at EAR Compliance & Licensing Masterclass + ITAR Week
Panelist: Kelly McCorkle 𝐌𝐨𝐝𝐮𝐥𝐞 𝟒: 𝐄𝐀𝐑 𝐋𝐢𝐜𝐞𝐧𝐬𝐢𝐧𝐠 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: 𝐑𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐭𝐡𝐞 𝐑𝐢𝐬𝐤 𝐨𝐟 𝐃𝐞𝐥𝐚𝐲𝐬, 𝐃𝐞𝐧𝐢𝐚𝐥𝐬, 𝐚𝐧𝐝 𝐑𝐖𝐀𝐬. July 21, 2025 𝐄𝐀𝐑 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 & 𝐋𝐢𝐜𝐞𝐧𝐬𝐢𝐧𝐠 𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐥𝐚𝐬𝐬 Itar Week American Conference Institute July 14- August 7, 2025 We are thrilled to announce that Kelly McCorkle will be participating as a panelist in the EAR Compliance & Licensing Masterclass + ITAR Week , taking place from July 14 to August 7, 2025! This virtual series is hosted by the American Conference Institute. Join Kelly on July 21, 2025, at 12:00 PM EDT for Module 4: EAR Licensing Requirements: Reducing the Risk of Delays, Denials, and RWAs . This exceptional panel of industry specialists also includes Margaret Francisco, Dane Chambless, LCB, and Adam Krepp. EAR Compliance 𝐖𝐡𝐲 𝐓𝐡𝐢𝐬 𝐌𝐚𝐭𝐭𝐞𝐫𝐬 𝐍𝐨𝐰: With the Trump Administration's America First Trade Policy focused on increasing enforcement and "eliminating loopholes" in the U.S. export controls system, staying current on compliance requirements is more critical than ever. About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Tariffs, Tomatoes, and Turmoil: Michelle Schulz Unpacks the Trade Confusion on WLW Cincinnati
Tariffs, Tomatoes, and Turmoil: Michelle Schulz Unpacks the Trade Confusion on WLW Cincinnati July 14, 2025 700 WLW WLW Radio, Cincinnati Host: Scott Sloan With tensions rising over new U.S. tariff threats—this time hitting Canada and even life-saving pharmaceuticals—international trade attorney Michelle Schulz returned to WLW Radio on July 14, 2025, to clarify what’s happening and what it really means for Americans. The short answer? The situation is messy, and it’s not just about politics or economics—it’s about your grocery bill, your medicine cabinet, and your job. “It’s hard to see a clear strategy,” Schulz said. “What’s being used as a national security measure is actually more of a deal-making tactic—and it’s hurting U.S. companies.” Canada, Copper, and Confusion : Are We Taxing Our Friends? Host Scott Sloan opened by pointing out how strange it is to be punishing Canada—a close ally and major copper supplier—especially after they backed down on a proposed digital tax. Schulz didn’t mince words. “It’s odd timing. We have a free trade agreement with Canada and Mexico, but we’re not sticking to the spirit of those deals,” she explained. Instead, U.S. businesses are bearing the cost. “Our clients are struggling,” Schulz said. “They either raise prices, go out of business, or scramble to source elsewhere. The importers—our own companies—are the ones paying these taxes.” And while the U.S. saw a $27 billion increase in tariff revenue year-over-year, Schulz reminded listeners: “That’s still a drop in the bucket compared to our $37 trillion national debt.” What Happens When Tomatoes—and Pharmaceuticals—Get Taxed? Tariffs may sound abstract, but they show up on your dinner plate and at your pharmacy. Schulz confirmed that prices on essentials like produce and medicine are already rising, and a rumored 200% tariff on pharmaceuticals could send costs soaring. “People will turn to black markets or unsafe knockoffs if legitimate medications become unaffordable,” she warned. “You could go to the pharmacy and your prescription just isn’t there.” Even medical equipment is affected, thanks to the existing 50% tariffs on steel and aluminum . “We’re risking a lot,” Schulz added, “and we won’t see any benefit for years.” The same logic applies to Trump’s stated goal of bringing drug manufacturing back to the U.S. “Experts say that’ll take five years or more,” said Schulz. “So what do we do in the meantime?” Global Retaliation and Long-Term Risks The fallout won’t be limited to U.S. consumers. Other nations are preparing to retaliate with tariffs of their own. Schulz pointed to the administration’s decision to skip major trade deals—like the Trans-Pacific Partnership—as part of a broader trend of isolation. “If we don’t cooperate, other countries will work together without us. That creates more competition for the U.S. in the long run.” The result? A fractured global economy and missed opportunities. And what about deals we have struck—like with Vietnam and the UK? Schulz was skeptical: “They’re not official trade agreements. At best, we’re getting slightly better tariff rates in a few places while damaging relations with key partners like the EU, Canada, and Brazil.” Stay up to date on current Tariffs with our Tariff Tracker The Bottom Line for Businesses and Consumers So what’s next? Schulz sees chaos and uncertainty unless the approach to trade policy shifts. “We’ve had clients who were planning to manufacture in the U.S., but now they’ve reversed course and moved operations abroad because of tariff pressure,” she said. “This isn’t the massive reshoring effort we were promised.” Meanwhile, Schulz emphasized, it’s the American consumer who ends up paying more—for groceries, electronics, cars, and even health care. At Schulz Trade Law , we help businesses stay nimble in the face of volatile trade policy. If you're unsure how new tariffs will affect your operations—or your bottom line— contact us for tailored legal and compliance strategies. WLW Radio, Cincinnati https://700wlw.iheart.com/ + https://www.facebook.com/700wlw @700wlw + https://www.instagram.com/700wlw/ Host: Scott Sloan About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Challenges in Importing Goods from Global Markets
Importing goods from global markets presents a myriad of challenges. Every business engaged in international trade must navigate barriers that can complicate the process. From tariffs to logistics issues, understanding these challenges is essential for success in the global marketplace. Global import/export for manufactured components Common Import Challenges One of the foremost challenges in importing goods is dealing with customs regulations. Each country has unique rules that dictate what can be imported and under what conditions. In the United States, the customs authority requires that all imports comply with federal laws, which can include tariffs, quotas, and labeling requirements. Failing to meet these criteria can lead to penalties, delays, or even the confiscation of goods. Another significant hurdle is the variability in shipping costs and delivery times. International shipping involves numerous factors, such as fuel prices, port fees, and handling charges. These costs can fluctuate greatly, making it difficult to calculate the total expense for imported goods. A sudden spike in shipping rates can erode profit margins, especially if the increase was not anticipated. Lastly, the risk of damage during transit cannot be overlooked. Goods traveling across vast distances are exposed to potential hazards, including rough handling and extreme weather conditions. Ensuring that items arrive in optimal condition often requires investing in quality packaging and insurance, adding further to overall costs. A busy shipping container port with stacked containers ready for shipment. Exchange Rate Fluctuations Exchange rates significantly impact the cost of importing goods. When a business buys products from another country, conversion rates between currencies can fluctuate wildly. If a company does not hedge against these fluctuations, it may find itself paying much more for imports than initially planned. For example, if a U.S. retailer agrees to pay in Euros for a shipment of electronics, and the Euro strengthens against the dollar before payment is made, the retailer faces a higher cost. This can lead to tough decisions like raising retail prices or absorbing the losses, neither of which is an ideal scenario. To mitigate this risk, businesses can utilize financial instruments, such as forward contracts, to lock in currency rates. This strategy helps provide predictability in budgeting for international purchases, shielding organizations from potentially harmful fluctuations. A close-up view showcasing fluctuating currency exchange rates. What are the Five Top US Imports from China? The relationship between the US and China is integral to global trade, with a hefty share of American imports coming from China. Here are the five top imports: Electronics : Items like smartphones, televisions, and computers dominate the import statistics. Machinery : This category includes a wide range of equipment from industrial machines to home appliances. Furniture : China is a leading exporter of furniture, from simple pieces to complex designs. Clothing and Textiles : Garments from China make up a large portion of apparel imports to the US. Toys : A significant part of the US's toy market is supplied by manufacturing in China. Understanding the specifics of these imports can guide businesses in making informed purchasing decisions and identifying reliable suppliers. Utilizing resources like Matt Savage's insights on china imports can also provide valuable expertise for navigating import challenges. A vibrant marketplace showing various electronic goods available for sale. Tariffs and Trade Policies Tariffs can be one of the biggest obstacles for businesses looking to import goods. Governments impose tariffs to protect domestic industries, but they also raise costs for importers. Whether dealing with permanent tariffs or temporary trade sanctions, businesses must set aside a budget for these additional expenses. Companies need to stay informed about potential changes in trade policies. For example, during tense political climates, governments often impose new tariffs unexpectedly. To minimize exposure to these risks, businesses may consider diversifying their supply chains or establishing relationships with suppliers from multiple countries. Engaging with trade associations can prove beneficial as they often provide timely updates on changes in trade law and tariffs. Staying ahead of industry news can give businesses the competitive edge needed to navigate these complexities. Inventory management and tracking Navigating Logistics and Supply Chain Issues Logistics stands as one of the most challenging aspects of international trade. Coordinating shipments, managing inventory, and ensuring timely delivery requires meticulous planning and effective management. Any disruption, whether from natural disasters, strikes, or logistic bottlenecks, can lead to delays that affect the entire supply chain. One recommendation is to utilize inventory management systems that track product levels in real time. This allows businesses to make informed decisions about ordering and stock levels, reducing the risks associated with unexpected delays. Furthermore, developing strong relationships with logistics providers can improve communication and efficiency in dealing with potential disruptions. It's also essential for businesses to plan for unforeseen scenarios. Developing contingency plans can help ensure that an operation runs smoothly even when faced with challenges. A spacious logistics warehouse filled with organized goods ready for distribution. Quality Control and Assurance Importing goods brings the challenge of ensuring that products meet quality standards. Variable manufacturing processes across different countries can lead to inconsistencies. Quality control inspections should be conducted at manufacturing sites before shipment. This can be crucial for products like electronics, which have strict safety regulations. Businesses should set quality benchmarks to assure compliance. Involving third-party inspection services can also provide an unbiased assessment of product quality. Regular audits and assessments of suppliers can further solidify relationships and ensure products meet predetermined standards. Building Resilience in Importing Strategies To summarize, the challenges in importing goods from global markets are multifaceted. Businesses must address customs regulations, shipping fluctuations, exchange rate variations, tariffs, logistics complications, and quality control processes to ensure seamless operations. Building resilience into importing strategies can greatly aid in overcoming these challenges. One effective approach is to cultivate strong relationships with suppliers, logistics partners, and customs brokers. This can facilitate smoother transactions and communication, leading to increased efficiency. Lastly, businesses can consider investing in technological solutions for inventory management and supply chain analytics. By leveraging technology, companies can make data-driven decisions that strengthen their import strategies. Importing goods is a complex endeavor, but with the right strategies in place, companies can successfully navigate the challenges of the global market. Remember to stay informed and adaptable to ensure ongoing success in your importing activities. Resource Library Learn more about Trade Law. We have a series of articles highlighting the key components of international trade and compliance. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Brewing Trade War? Michelle Schulz Breaks Down the U.S.-EU Tariff Clash
Brewing Trade War? Michelle Schulz Breaks Down the U.S.-EU Tariff Clash July 14, 2025 The Briefing with Steven Scully SiriusXM POTUS Host: Steven Scully The U.S. and European Union may be headed for a full-blown trade war—and the world is watching. On July 14, 2025, Michelle Schulz, founding and managing partner of Schulz Trade Law, joined SiriusXM’s POTUS channel to discuss the mounting tensions over President Trump’s threatened 30% tariff on EU imports. With nearly $2 trillion in annual trade hanging in the balance, Schulz warned that this standoff could have devastating consequences for global markets and American businesses alike. “We’ve been kind of living the high life until now,” Schulz said. “We’ve been drinking French wines, doing business freely with Europe—but that’s about to change.” Escalating Pressure and Global Ripple Effects The proposed tariff hike marks a sharp turn in U.S.-EU relations. According to the EU Trade Commissioner, any tariff above 30% would be a deal-breaker, potentially “wiping out” bilateral trade. Schulz explained that the pressure is mounting not just on European leaders but also on President Trump to strike alternative deals quickly. “When we cannot import from Europe, if it becomes too expensive, then the pressure is on the President to secure deals with other countries,” she noted. That’s already affecting U.S. businesses. Schulz shared that one of her clients recently shifted operations to Europe to avoid impending tariffs—a trend she says could become widespread. “Jobs and services are leaving the U.S. instead of coming back,” she cautioned. “This undercuts the idea of reshoring American industry.” What’s on the Line: Medical Devices, Wine, and Everyday Costs While the average American may not be closely tracking trade policy, the effects will hit close to home. From critical medical supplies to gourmet indulgences like French wine and Italian cheese, prices are set to surge. “We’re already seeing increased costs due to existing 50% steel and aluminum tariffs,” Schulz explained. “Stacking an additional 30% on top will make some goods nearly unaffordable.” For healthcare providers, that could mean tighter budgets. For consumers, the cost of luxury—and even necessity—could rise sharply. “You're looking at paying a lot more,” she said. “It will trickle down to the customers.” Informal Negotiations, Legal Battles, and the Path Forward Adding to the uncertainty is the unorthodox way this dispute is being handled. Unlike formal trade negotiations that take months or years, Schulz pointed out that this process has devolved into little more than letter exchanges. “These are just letters,” she said bluntly. “This isn’t the usual process for the U.S. in any kind of international trade deal.” Meanwhile, legal challenges are unfolding in the background. Cases in the Federal Circuit are questioning the very authority of the President to unilaterally impose such sweeping tariffs. The outcome of these cases could redefine the boundaries of executive power in trade policy. What Businesses Should Do Now Schulz offered a clear message to businesses: don’t wait. With the August 1 deadline looming and retaliatory EU tariffs almost certain, preparation is essential. “Our clients are pivoting—fast,” she said. “They’re exploring every legal and logistical mechanism available to minimize losses. But it’s not looking good.” At Schulz Trade Law , we help companies navigate international trade turbulence with confidence. If your business is grappling with tariff risks or shifting trade rules, now is the time to act. Contact us for tailored strategies in compliance, mitigation, and global supply chain planning. SiriusXM POTUS (channel 124) https://www.facebook.com/SiriusXMPolitics/ @SXMPOTUS About Us We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.
- Trade Alert: One Big Beautiful Bill – Opportunities and Risks for U.S. Trade and Global Supply Chains
Trade Alert: One Big Beautiful Bill – Opportunities and Risks for U.S. Trade and Global Supply Chains July 2, 2025 What is the One Big Beautiful Bill Act (OBBBA)? In July 2025, the U.S. Congress introduced the One Big Beautiful Bill Act (OBBBA) —a sweeping legislative proposal designed to revitalize American manufacturing , support small businesses , and reinforce domestic supply chains . While the bill’s name suggests simplicity and unity, the actual content of the legislation is far-reaching and complex. At its core, OBBBA aims to create long-term incentives for U.S.-based businesses , including: Making the Section 199A deduction permanent for pass-through entities Expanding estate tax exemptions to protect family-owned businesses Providing tax credits and deductions for companies that repatriate manufacturing and distribution operations to U.S. soil Supporters hail the bill as a bold step toward economic nationalism , while critics warn it could disrupt international trade , inflate domestic costs, and create unintended burdens for smaller import-reliant businesses. Key Benefits of OBBBA: Tax Incentives and Domestic Growth 1. Permanent Section 199A Deduction The OBBBA proposes making the 20% pass-through income deduction under Section 199A a permanent fixture of the tax code. This deduction has been a lifeline for LLCs, S-corporations, and sole proprietorships , helping them remain competitive against C-corporations. By securing this deduction long-term, the bill aims to: Boost small business reinvestment , Support domestically-based supply chains , and Encourage reshoring of manufacturing operations. 2. Enhanced Estate Tax Exemptions Family-owned firms and generational businesses stand to benefit from expanded estate and gift tax exemptions . This change would: Ease succession planning , Preserve long-term family ownership, and Mitigate forced sales of assets to meet tax obligations. This provision is expected to gain support from wholesale distributors , family farms , and multi-generational manufacturing firms . Potential Drawbacks: Importers and Consumers Face New Challenges While OBBBA delivers several pro-business benefits for U.S.-based operations, it also presents notable risks , particularly for importers, small-to-medium enterprises (SMEs), and consumers. 1. Heightened Pressure on Importers The bill complements recent tariff escalations on imported goods from several foreign nations. While tariffs aim to encourage domestic production, they also raise input costs for companies dependent on global supply chains. Importers—particularly those in apparel, electronics, automotive parts, and food products —may face: Shrinking margins , Increased compliance costs , and Disrupted supply contracts with overseas partners. 2. Unequal Impact on SMEs Larger corporations may have the resources to absorb or adjust to higher duties and domestic sourcing costs. However, many SMEs lack the flexibility or capital to pivot quickly. Without global sourcing, these businesses could struggle with: Higher production costs , Limited supplier networks , and Reduced pricing competitiveness. Ironically, a bill designed to support small businesses may unintentionally undermine those most dependent on international trade . 3. Consumer Price Implications OBBBA’s protectionist tilt, when paired with broader tariff policy, could lead to: Higher retail prices for imported goods, Reduced access to budget consumer goods , and Strained purchasing power , particularly for low- to middle-income households . Household staples, clothing, electronics, and imported foods could all see price increases if businesses pass along the higher costs of compliance, labor, and materials. Trade Policy at a Crossroads: Nationalism vs. Global Integration The introduction of the One Big Beautiful Bill Act places the U.S. at a critical decision point in its trade and economic policy. On one hand, OBBBA signals a commitment to rebuilding American industry , enhancing self-sufficiency , and minimizing reliance on foreign nations—especially in strategic sectors like pharmaceuticals, semiconductors, and heavy manufacturing. On the other hand, it risks decoupling the U.S. from global trade ecosystems that have historically delivered cost savings, innovation, and supply chain efficiency. This tension echoes a broader trend in global economics: the shift from globalization to regionalization , as nations reassess the security and stability of their supply chains. Supply Chain Implications: Time to Rethink Strategy For businesses engaged in cross-border trade, the OBBBA is not just a tax bill—it’s a trigger for proactive supply chain review . Here’s what companies should begin evaluating now: 1. Cost-Benefit of Domestic Sourcing Assess whether shifting production or assembly operations to the U.S. aligns with long-term tax advantages offered under OBBBA. This analysis should weigh: Upfront transition costs , Tax savings , and Ongoing labor, infrastructure, and logistics implications. 2. Tariff Exposure Modeling Businesses reliant on imports should conduct a tariff exposure audit to understand how OBBBA—combined with existing or future tariff regimes—will affect profitability. 3. Supplier Diversification Consider strategies to diversify or regionalize suppliers , minimizing dependence on any one country or port of entry. 4. Scenario Planning and Cash Flow Impact Prepare financial models for best-case and worst-case supply chain outcomes under the bill, including: Tariff increases , Delays in tax relief , and Changing compliance requirements. Compliance, Tax & Trade: Schulz Trade Law Is Here to Help At Schulz Trade Law PLLC , we specialize in the intersection of international trade law, customs compliance, and tax-related impacts on cross-border business . Our advisory services include: Customs & import strategy reviews Tariff mitigation and sourcing optimization Country-of-origin and classification support Regulatory compliance under evolving U.S. trade legislation Strategic planning for reshoring, FDI, and supply realignment We understand that legislation like OBBBA doesn’t just affect spreadsheets—it affects business models, market positioning, and long-term viability . Whether you're a family-owned manufacturer, a midsize importer, or a global enterprise, we provide tailored, timely guidance to help you adapt and thrive. At Schulz Trade Law PLLC , we are closely monitoring these developments and providing clients with strategic guidance to mitigate risks, evaluate tariff exposure, and adapt compliance strategies. Our team is ready to deliver timely, tailored support to navigate these changes. Contact us today to ensure your business is prepared for the evolving trade landscape. About Schulz Trade Law We are a dedicated team of trade law professionals, committed to helping businesses navigate the complexities of international regulations and tariffs. With deep industry knowledge and a client-first approach, we provide clear, actionable insights to protect your interests and drive success in a dynamic global market. Contact Us Stay ahead of trade law changes! Contact us today for guidance on tariffs and regulations to safeguard your business.












