What will be the Coronavirus impact on international trade?

Coronavirus Impact on International Trade

In addition to the threat to human life, what will be Coronavirus impact on international trade and global supply chains?   While the world works on mitigating the impact of the Coronavirus (COVID-19) on human life, many U.S. Importers may also be wondering what the impact will be on international trade? Although it is difficult…

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Understanding an insufficiency letter on your U.S. Customs Bond.

Understanding an Insufficiency Letter for Your Customs Bond

When your bond is deemed insufficient by Customs, an importer will receive an insufficiency letter informing them. But what does it mean and what should you do? U.S. Customs and Border Protection periodically reviews each bond on file to determine whether the bond is adequate to protect the revenue and ensure compliance with applicable laws…

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Trade Risk Guaranty holds a webinar explaining the changes with Incoterms® 2020.

[Webinar] Incoterms® 2020: What’s Changed?

Trade Risk Guaranty held an educational webinar covering the changes released in Incoterms® 2020 and why these changes were made. As of September 2019, the International Chamber of Commerce released the new iteration of their Incoterms® rules: Incoterms® 2020. These updates rules will replace the previous set of rules Incoterms® 2010. To get a better…

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TRG walks through a full Incoterms Comparison of CIF and FOB.

Incoterms® Comparison: CIF Versus FOB

Get a better idea of which term is right for your business in this Incoterms® comparison of CIF versus FOB.   While we all understand the importance of knowing the Incoterms® rules used for our business, sometimes it can be difficult to identify which one is the right choice. In this Incoterms® comparison, we are…

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Trade Risk Guaranty provides an educational video answering the questions: what is bond sufficiency?

[Video] What is Bond Sufficiency?

In an educational video, Trade Risk Guaranty explains the basics of bond sufficiency and how an importer must forecast their importing when an increase is necessary.   Although U.S. Customs Bond Sufficiency has always been a focus for U.S. Customs and Border Protection, the topic has become a much bigger issue for many U.S. businesses…

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The Increasing Importance of Cybersecurity in International Trade

The Increasing Importance of Cybersecurity in International Trade

Cybercrimes have accounted for $2 trillion in losses this year – a good reminder that companies large and small need to ensure even the basic level of cybersecurity hygiene to protect both themselves and their customers. But in the international trade world, it’s as critical as ever to tighten up your digital infrastructure to protect…

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