On: February 10, 2025 By: David Noah
Exporters often use Harmonized System (HS), Harmonized Tariff Schedule (HTS) and Schedule B codes interchangeably. They know these codes classify their products for international trade. While that's OK in casual conversation, it's important to know the differences when it comes to actual usage.
On: February 5, 2025 By: Sean Whitworth
The Importer Security Filing (ISF), also referred to as the 10+2 rule, is a Customs and Border Protection (CBP) requirement for ocean cargo imports into the United States. Learn who is responsible for the filing and what information must be included.
On: February 5, 2025 By: Kari Crane
Catch up on the latest trade news in the February edition of International Trade Briefing. We cover major trade shifts on tariffs and sanctions, new AI chip export controls and license exceptions, relaxed Syria sanctions following regime collapse, a new fillable form for Voluntary Self-Disclosures launching in March, and Mexico easing textile import restrictions under IMMEX.
On: February 3, 2025 By: David Noah
Most products don't need an export license, but some do. The first step in making that determination is finding the correct ECCN or USML codes for your goods and then checking the Commerce Country Chart. But that's not all. You must also know the end use and end user of your export.
On: January 29, 2025 By: David Noah
There are a number of important steps that you must be follow to successfully complete an export transaction. We outline eight of those steps, along with the export documents you need to prepare to go along with each step—so you can successfully ship your goods and get paid on time.
On: January 27, 2025 By: Kari Crane
Have you heard someone mention Incoterms 2025? If that left you scratching your head, we explain what you need to understand about Incoterms and their role in defining buyer/seller responsibilities.
On: January 20, 2025 By: Kari Crane
Wondering about the difference between duties, tariffs and taxes? We’ll explain the costs you need to understand before importing or exporting and how to accurately calculate the true cost, or landed cost, of your goods, accounting for all the fees you'll need to pay.
On: January 13, 2025 By: David Noah
Under the Incoterms 2020 rules, CIF means the seller is responsible for loading goods on board the international vessel, cost of carriage to the port on the buyer's side, and insurance to that point. Liability for the goods transfers to the buyer as soon as the goods are loaded on the vessel.
On: January 13, 2025 By: Kari Crane
Catch up on the latest trade news in the January edition of International Trade Briefing. We cover BIS tightening export controls on semiconductor equipment, updates to the Boycott Requester List, and changes to AES filing requirements for 2025. Plus, learn about new Section 321 value warnings and the USTR’s investigation into Nicaragua’s labor practices. We also break down Phase VII of the Lacey Act enforcement and Mexico’s new apparel import ban under IMMEX. Watch now to see how these updates could impact your business!
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