When you buy or sell goods across national boundaries, you and the other party must have a clear understanding of the terms for moving those goods to their destination. CIF and FOB are commonly used ...
FOB – which stands for Free on Board – is an Incoterm you might have come across when negotiating the purchase of goods for import to the UK. But what exactly does FOB mean – and why does it matter?
As the U.S. Supreme Court weighs the legality of President Trump’s “reciprocal tariffs,” companies that sell goods internationally face a ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
What Are Incoterms & How Do They Impact International Trade? Incoterms, short for International Commercial Terms, are a set of internationally recognised rules established by the International Chamber ...
Delivery terms aren’t just legal fine print—they are strategic terms that can drastically shift the costs and obligations between the parties to a contract, especially when tariffs are involved. This ...
Off the back of my last blog it occurred to me that although many exporters understand that incoterms must be used and the importance of these, for those still indulging in the hand shake or bush ...
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