What they mean and how to pick one. Incoterms® were established by the International Chamber of Commerce (ICC) in 1921 and have become a crucial element in global trade, defining the responsibilities of buyers and sellers in international transactions. In this webinar, we’ll provide a high-level overview of Incoterms®, delve into their complexities, and simplify their application in various trade scenarios. You’ll gain a clear understanding of how to use Incoterms® to allocate risks and costs effectively, ensuring smoother international transactions.
Industry Insights
What 10-20% Universal Import Tariffs Mean for Your Business
Navigating the New Tariff Landscape I’ve been keeping a watch on how proposed universal import tariffs-ranging from 10% to 60%-may impact businesses in major ways. Unlike country-specific tariffs that target particular nations or industries, these new tariffs apply broadly and…
Trade War 2.0: Predicting China-US Economic Tensions in Trump’s Second Term
Trade Policies Can Make or Break Businesses: How to Prepare With Trump’s second term reigniting the potential for a trade war with China, businesses relying on global trade need to prepare for new challenges. From increased tariffs to supply chain…
Steering Through Automotive Supply Chain Compliance: How Star USA Revitalized Client Operations
The Challenge: Struggles to Keep Up I’m often reminded of this exemplary spotlight on how compliance can make or break a business’s operations. A tier-one automotive supplier with annual imports valued at $280 million across 14 countries found itself in…
Navigating International Trade in Trump’s Second Term: What Businesses Need to Know
Key Concerns for Business Leaders & Decision Makers As businesses brace for another wave of trade policy shifts under President Trump’s second term, one question looms large: How do we navigate these changes without taking a major hit? New tariffs…
Potential Mexican and Canadian Tariffs: Top-Line Insights & How Businesses Can Adapt
In the intricate realm of international trade, importers shoulder the responsibility of ensuring compliance with a plethora of regulations enforced by U.S. Customs and Border Protection (CBP). Central to this obligation is the concept of exercising “reasonable care.” Here I’ll explore the significance of reasonable care for importers, its role in import compliance, and strategies for implementation.
Considerations for Diversifying Supply Chains in Uncertain Times
In the intricate realm of international trade, importers shoulder the responsibility of ensuring compliance with a plethora of regulations enforced by U.S. Customs and Border Protection (CBP). Central to this obligation is the concept of exercising “reasonable care.” Here I’ll explore the significance of reasonable care for importers, its role in import compliance, and strategies for implementation.
Mergers & Acquisitions: Key Trade Compliance Considerations
In the intricate realm of international trade, importers shoulder the responsibility of ensuring compliance with a plethora of regulations enforced by U.S. Customs and Border Protection (CBP). Central to this obligation is the concept of exercising “reasonable care.” Here I’ll explore the significance of reasonable care for importers, its role in import compliance, and strategies for implementation.
Upholding Compliance: Exercising Reasonable Care
In the intricate realm of international trade, importers shoulder the responsibility of ensuring compliance with a plethora of regulations enforced by U.S. Customs and Border Protection (CBP). Central to this obligation is the concept of exercising “reasonable care.” Here I’ll explore the significance of reasonable care for importers, its role in import compliance, and strategies for implementation.
Year-End Trade Compliance Checklist: Prepare for a Successful 2025
Nic Arters Director, Star USA As our Star USA team ramps up to next year, I can’t help but reflect on the trade compliance landscape of 2024. The global trade landscape shifted with new regulations, evolving sanctions, and technological advancements,…
A Path to Compliance: Understanding Prior Disclosures
In the realm of international trade, importers must adhere to a myriad of regulations set forth by U.S. Customs and Border Protection (CBP) to ensure compliance with customs laws. In cases where errors or omissions are identified, the Prior Disclosure…
The Power of Transparency: Voluntary Self-Disclosures
In the dynamic landscape of international trade, exporters must navigate a labyrinth of regulations set forth by the Bureau of Industry and Security (BIS) to ensure adherence to export control laws. When facing potential violations or errors in export transactions,…
Export Sanctions & Embargoes: Risk Management
Export sanctions and embargoes are governmental measures imposed to restrict or prohibit the exportation of goods, services, or technologies to certain countries, entities, or individuals. These measures are typically enacted for various reasons, including national security concerns, human rights violations,…