Cargo & Currency
Topic

Trade Mechanics

Trade policy becomes easier to read when its tools are separated. This section explains tariffs, quotas, classification, origin, valuation, trade agreements, delivery terms, and trade remedies one mechanism at a time. The guides focus on concepts rather than transaction instructions. Real shipments depend on current laws, product facts, contracts, and customs decisions in the relevant jurisdictions.

Incoterms Explained: Delivery, Cost, and Risk

Incoterms® rules are eleven standardized ICC trade terms that allocate specified delivery responsibilities, costs, and risk between seller and buyer in…

Trade Mechanics · 4 min

Tariffs Explained: Who Pays and What Changes

A tariff is a customs duty on imported goods. The importer of record normally pays the customs authority, but the economic burden can spread through…

Trade Mechanics · 4 min