EP 1347 Mollie Sitkowski - Impact of Tariffs on US Importers - The Daily Coffee Pro Podcast by Map It Forward

The Daily Coffee Pro Podcast by MAP IT FORWARD

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This is the 2nd episode in a 5-part series with Mollie Sitkowski, Partner at Faegre Drinker. Mollie specializes in Trade Compliance and is based in Chicago.

In this series, Mollie and host Lee Safar focus on the impact of Trump's tariffs on the global coffee supply chain.

Please note that all the information in this series is purely the opinions of Mollie Sitkowski and Lee Safar and should not constitute legal and business advice.

The 5 episodes in this series are:

1. Understanding Trump's Tariffs - https://youtu.be/Il1OERDKpjw

2. Impact of Tariffs on US Importers - https://youtu.be/jH_lgNewNlU

3. Impact of Tariffs On Exports To The US - https://youtu.be/1lJRb1aRwAQ

4. Impact of Tariffs On US Consumers - https://youtu.be/cAkKR_efGR0

5. How Can We Mitigate The Impact of Tariffs - https://youtu.be/-xH6jzKSu8w

In this episode of The Daily Coffee Pro by Map It Forward, host Lee Safar is joined by Mollie Sitkowski explore how the tariffs could affect small, medium, and large businesses, who ends up paying the tariffs, and the potential economic impact on the coffee supply chain.

They also touch on lobbying efforts and the challenges coffee businesses may face with increased costs and potential business closures.

The episode provides valuable insights and practical advice for business owners navigating these turbulent times.

00:00 Impact of Tariffs on Small Businesses

01:33 Introduction to the Series and Topic

02:15 Who Pays the Tariffs?

02:56 Customs and Tax Collection

03:39 Example Scenario: Importing Coffee

04:55 Economic Strain on Businesses

05:45 Trump's Tariff Strategy

13:52 Lobbying and Advocacy

21:03 Conclusion and Next Steps

References in this series:

1. CSMS page for CBP

2. The Federal Register

3. https://www.whitehouse.gov/

Contact Mollie Sitkowski:

• https://www.linkedin.com/in/molliesitkowski/

• https://www.faegredrinker.com/en/professionals/s/sitkowski-mollie-d#tab-Overview

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