On: June 7, 2023 By: Kari Crane
This month's international trade news includes updates on: defense export monitoring, enforcement actions against U.S. companies, proposed trade remedies regulations, new benefits for CTPAT participants, shifts in California's port dominance, and an agreement addressing supply chain disruptions in the Indo-Pacific region.
On: June 5, 2023 By: Kari Crane
Discover 31 fascinating facts about the current state of global trade, from record-breaking exports and imports to shifting trade partners and emerging trends. Despite challenges, global trade remains resilient and shows impressive growth.
On: May 31, 2023 By: David Noah
In addition to customs duties, exporters may be paying Value Added Tax (VAT) to ship goods internationally. The good news is you may be able to get some of what can be a sizable amount of money refunded—if you know what to do.
On: May 24, 2023 By: David Noah
Freight forwarders play an important role in international trade, so it's important you find a forwarder who not only meets your needs but becomes a true partner in the process. When searching for an international freight forwarder for your exports, here are four things to look for.
On: May 15, 2023 By: David Noah
The basics of selling is universal. You want to make it as easy as possible for your potential customers to buy your products. When your company only quotes and invoices in US dollars, you may be losing sales to competitors who are willing to invoice in the buyer's currency.
On: May 10, 2023 By: David Noah
Even if you’re not shipping guns, weapons or biological substances that can be used for harmful purposes, you’re not excused from export compliance. Items created for commercial purposes can sometimes be adapted into something more destructive and something that needs an export license.
On: May 8, 2023 By: Kari Crane
In the May edition of International Trade Briefing, you'll learn about changes in how BIS handles compliance violations and whistleblowing, concerns over the reduction of government personnel supporting small and medium-sized exporters, red flags to watch for to avoid Russia's attempts to evade sanctions, the digital trade boom, and the USTR's annual report on intellectual property protection and enforcement.
On: May 3, 2023 By: Kari Crane
Even if your business only sells domestically, you could still be held liable for export violations. But there are some precautions you can take to protect your business—know your customer, understand the regulations, use a destination control statement and maintain accurate records.
On: April 26, 2023 By: Kari Crane
Providing the correct documentation for your exports is crucial to avoid delays, but it can become particularly challenging when import regulations change in foreign countries. While there's no single resource for this information, following these five strategies can increase your chances of clearing customs and getting paid on time.
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