Legal Guide Aids Firms in Managing Global Trade Risks

Legal Guide Aids Firms in Managing Global Trade Risks

This paper provides comprehensive legal risk control guidance for enterprises facing international trade risks under complex international economic and trade situations. It covers pre-event customer due diligence, contract optimization, and compliance system construction; mid-event applicable law and jurisdiction responses; and post-event cross-border enforcement remedies. Furthermore, it proposes strategies for dealing with US trade frictions, helping companies to steadily expand overseas. Aiming to provide a practical guide for navigating the complexities of international trade and ensuring compliance while mitigating potential risks.

01/30/2026 Customs Knowledge
Read More
Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

This article explores how to effectively utilize international trade terms (Incoterms® 2020) to manage tariff risks in international trade. It analyzes the allocation of responsibilities under various terms and provides practical recommendations to cope with tariff fluctuations, thereby enhancing the competitiveness of businesses in the global market.

08/05/2025 Customs Knowledge
Read More
Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

This paper delves into the concept of 'designated forwarder' in international trade, explaining its relationship with trade terms like FOB and EXW. It reveals potential risks and offers coping strategies for exporters. The importance of negotiating trade terms including freight, understanding the designated forwarder's background, and clarifying cost terms are emphasized. The advantages of independently choosing a forwarder are also highlighted. This aims to help exporting companies mitigate risks and gain control in international trade, ultimately empowering them to navigate the complexities of designated forwarder arrangements effectively.

09/26/2025 Logistics Encyclopedia
Read More
Risks and Rewards of Letters of Credit in Global Trade

Risks and Rewards of Letters of Credit in Global Trade

A Letter of Credit (L/C) is a crucial payment instrument in international trade, providing security through bank guarantees. Key features include its independence, the principle of documentary compliance, and its irrevocability. Businesses should prioritize reviewing L/C terms, ensuring document compliance, and strengthening risk management to mitigate potential fraud risks and ensure the safety of international trade transactions. Careful attention to detail and proactive risk mitigation are essential for successful L/C utilization.

09/26/2025 International Settlement
Read More
Ocean Bills of Lading Types Uses and Trade Risks Explained

Ocean Bills of Lading Types Uses and Trade Risks Explained

This paper provides a comprehensive analysis of the definition and attributes of the Bill of Lading (B/L), differentiating between carrier B/L and forwarder B/L. It elaborates on various B/L types, their applications, and potential risks. Furthermore, it offers risk management recommendations for foreign trade enterprises concerning B/Ls, aiming to assist them in better understanding and utilizing B/Ls to ensure the security of international trade. This includes strategies for mitigating risks associated with different types of B/Ls and ensuring compliance with international trade regulations.

09/26/2025 Document Interpretation
Read More
Global Trade Faces Rising Risks of Cargo Loss Customs Delays

Global Trade Faces Rising Risks of Cargo Loss Customs Delays

International freight forwarders face the dual challenges of cargo loss and customs clearance delays. This paper analyzes the causes of these two risks and proposes corresponding strategies, including establishing a sound risk prevention system, ensuring the accuracy of declaration documents, and fully understanding the laws and regulations of the destination country. The aim is to help international freight forwarding companies effectively reduce risks and ensure smooth cargo transportation. The strategies provided can help mitigate potential issues and streamline the international shipping process.

01/05/2026 Logistics Encyclopedia
Read More
Trade War Risks Global GDP Growth Businesses Urged to Adapt

Trade War Risks Global GDP Growth Businesses Urged to Adapt

Bloomberg Economics reports that trade war uncertainty could cost the global GDP $585 billion, impacting both China and the US economies. Businesses face challenges like rising costs and supply chain adjustments, requiring them to cut costs, diversify sourcing, and increase innovation investment. Data analysts can quantitatively analyze the impact of trade wars on macroeconomics, industries, businesses, and supply chains, providing data support for corporate response strategies. This analysis can help businesses navigate the complexities and mitigate the negative effects of ongoing trade tensions.

01/29/2026 Logistics Industry Insights
Read More
Experts Warn of Supply Chain Risks Amid Global Trade Uncertainty

Experts Warn of Supply Chain Risks Amid Global Trade Uncertainty

In an interview, Chris Rogers, Head of Supply Chain Research at S&P Global Market Intelligence, provides insights into the US import outlook, traditional peak season expectations, inventory glut, and the impact of US-China trade relations on global supply chains. He advises businesses to embrace digitalization and build diversified, resilient supply chains to navigate the complex and volatile global trade environment. This approach is crucial for mitigating risks and ensuring business continuity in the face of ongoing geopolitical and economic uncertainties.

01/28/2026 Logistics Industry Insights
Read More
Uschina Trade War Escalation Risks Higher Costs for American Consumers

Uschina Trade War Escalation Risks Higher Costs for American Consumers

The second round of the US-China trade war has begun, with the US imposing new tariffs on Chinese products. This article analyzes the impact of these tariffs on US prices, arguing that as China's share of the US import market grows, tariff increases will directly lead to higher prices for American consumers. It also explores the potential impact of the $200 billion goods list, the dilemmas faced by American companies, and provides an outlook on the future direction of the US-China trade war.

01/29/2026 Customs Knowledge
Read More