As of June 2022, the Uyghur Forced Labor Prevention Act went into effect and importers have already begun to feel the effects. On December 23, 2021, President Biden signed the Uyghur Forced Labor...
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[Webinar] The Risks of International Shipping & How to Protect Yourself
Trade Risk Guaranty hosted a recent webinar featuring two marine cargo insurance experts as they discussed the unavoidable risks of shipping internationally. Every business that ships goods into and...
Having Your Own Product Liability Insurance with Foreign Manufacturers
The process of importing goods into the United States open a business up to an additional amount of risk. While it is important to understand and prepare for that risk, a company needs to continue...
Hard Market Versus Soft Market: The Cycle of the Insurance Industry
The insurance industry goes through distinct cycles that impacts the price and availability of insurance policies. The phases of these cycles are known as either a soft market or hard market. Like...
Understanding Your Product Liability
Product liability insurance can help protect your business when you are manufacturing a product to ship internationally. Many businesses that import into the United States have a hard time keeping...
Importing in the United States: What is a Debit Voucher?
The short timeframe associated with receiving a debit voucher from Customs and Border Protection can have a detrimental effect on a company's ability to import. Learning more about this type of...
General Average and the Re-Floating of the Ever Forward
The Ever Forward ran aground in the Chesapeake Bay and sat stuck for over 30 days with the rescue operation resulting in the declaration of General Average. General Average was declared for the...
Section 301 Exclusions Extended Until December 2022
On March 23, 2022 the USTR announced that the section 301 exclusions for 352 HTSUS codes would be reinstated through December 31, 2022. Back in October 2021, the United States Trade Representative...
6 Facts TikTok Can Teach You About the Effects of Cyber Attacks
A current TikTok trend helps one user bring to light the unknown realities and effects of cyber attacks on small businesses. There is a current trend going around on TikTok where the user...
Filing a Claim: Cargo Insurance VS Carrier’s Limit of Liability
Comparing the process of filing a claim with an annual cargo insurance policy versus when relying on the Carrier's Limit of Liability can help importers choose the best option for them. Experiencing...
Updated Information for CARM Release 2 & the Canadian Customs Bond
TRG has received updated information regarding the CARM Release 2 and specifics for the Canadian Customs Bond. During the live Q&A of our most recent webinar covering an Introduction to the Canadian...
[Webinar] An Introduction to the Canadian Customs Bond
In this webinar, Trade Risk Guaranty provides an introduction to the Canadian Customs Bond to help importers be prepared for the upcoming changes. Canada Border Services Agency (CBSA) has been...