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.
CSMS: Issues Interim Final Rule on USMCA Implementation
CSMS: Issues Interim Final Rule on USMCA Implementation
January 31, 2025/
U.S. Customs and Border Protection issued an Interim Final Rule (IFR) that requests comments by the trade until March 18, 2025, when the rule comes into effect. This rule gives implementation guidance on USMCA, specifically around drawback, textiles, and automotive. Compliance with the rule is effective May 19, 2025.
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