Introduction

Keeping up with trade regulations is essential in global sourcing. In 2022, several major policy shifts affected importers and exporters. Here’s what you need to know.

Trade Policy Shifts

Agreements like RCEP in Asia and new tariffs reshaped trade routes and supplier preferences.

Notable Regulations

Laws like the U.S. Uyghur Forced Labor Prevention Act changed how companies source and document compliance.

Compliance Best Practices

Stay updated using compliance tools, alerts, and expert support to avoid disruptions and penalties.

Key Takeaways

• Trade policies shifted in 2022, impacting sourcing decisions.

• New import laws require stronger supplier documentation and due diligence.

Ongoing monitoring helps companies stay compliant and competitive.

Call to Action

Want to stay ahead of trade regulations? Partner with GP Consulting for expert compliance support.