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.
USTR: February Report Highlights US Intent to Preserve Trade Ties with China
USTR: February Report Highlights US Intent to Preserve Trade Ties with China
February 28, 2024/
The February report from the USTR on trade relations with China states that the US wants to maintain its trade relationship with China, and that Beijing has been moving to sever it. The report reiterates that China continues to not comply with World Trade Organization rules. It also says that the harm is due to the state-led, non-market approach to trade.
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