On: July 1, 2020 By: Lisa Nemer
When completing the NAFTA Certificate of Origin, it's often columns 7, 8 and 9—Preference Criteria, Producer and Net Cost—that confuse people. But it's those columns that are really the meat of the form. They determine whether or not your goods deserve preferential duty treatment.
On: June 15, 2020 By: Arnesh Roy
The U.S. Bureau of Industry and Security (BIS) has announced that license exception CIV is being eliminated. Exporters could use CIV to export certain controlled products to civilians, but BIS worries that line between civilian and military has been blurred in China, Russia and Venezuela.
On: June 8, 2020 By: Roy Becker
Many U.S. importers, exporters and bankers don't understand Incoterms 2020 rules that are the standard sales terms used in international trade. As I demonstrate in this article, the danger of incorrectly using terms like Ex Works (EXW) and Free on Board (FOB) can be considerable.
On: May 27, 2020 By: David Noah
It seems like it has been in the news forever: USMCA is replacing NAFTA. Well, it's finally happening. Beginning July 1, 2020, the United States, Mexico and Canada are implementing their new free trade agreement. And for many importers and exporters, it's more than just NAFTA version 2.0.
On: May 18, 2020 By: Joseph A. Robinson
It's not unusual for an international transaction to include a middle man or woman who brought the buyer and seller together. But once this connection is made, this middle person is at risk of being cut out of future deals. Here's what you can do to protect yourself.
On: April 27, 2020 By: Kari Crane
Word, Excel and fillable PDFs may work for export documents—until they don’t. Learn seven risks of manual templates and when it’s time to automate.
On: April 8, 2020 By: David Noah
Too often, U.S. companies involved in importing and exporting think only in terms of U.S. dollars. But doing so increases your risks while limiting your profitability. Here are four reasons you should explore currency exchange services to help protect your international transactions.
On: March 30, 2020 By: David Noah
A good freight forwarder is an important partner in your international supply chain. They help you move your goods to their final destination, and they offer a wealth of knowledge. But sometimes when their bill arrives, those additional fees and charges can be a bit confusing.
On: February 24, 2020 By: Lisa Nemer
There are different ways you can classify your goods for import and export. Sometimes governments classify goods on the basis of their objective characteristics. Sometimes they classify them based on their use. This article compares two types of government classifications: HS and ECCN.
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