A tariff is a tax applied to goods imported from other countries. It’s usually charged at the border before those goods are allowed into the domestic market.  When one country imposes new tariffs, another country might respond with its own set of tariffs. These are known as retaliatory tariffs. They are often used as a […] Read More »

International trade is influenced by more than just the exchange of goods and services. It’s shaped by politics, affected by conflict, and swayed by how countries interact with one another. Governments don’t always see eye to eye. When they need to respond without resorting to force, they often turn to alternative measures. Some of these […] Read More »

What Is the Meaning of a Reciprocal Tariff? A tariff is a tax on goods that are brought into a country from abroad making imported products more expensive. A reciprocal tariff is a tax a country uses to respond to how another country treats its exports. For example, if Country A imposes a 10% tariff […] Read More »

What Are Free Trade Zones and How Do They Work? Free Trade Zones (FTZs) are areas where businesses can trade with fewer restrictions. These zones allow goods to be imported, stored, processed, or re-exported without immediate taxes or complex customs procedures. Many countries use FTZs to attract foreign investors, increase exports, and create jobs. FTZs […] Read More »

The bonded warehouse market is growing fast. It was valued at $165.21 billion in 2023 and is expected to hit $273.6 billion by 2031. That is a Compound Annual Growth Rate (CAGR) of 5.77% (Source: Verified market Research). This growth is driven by global trade, e-commerce, and the need for smarter inventory management. In 2025, […] Read More »

Countries use trade barriers to manage imports and protect their industries. Some barriers limit how much of a product can enter a country. Others make imports more expensive. Governments use these tools to support local businesses and control market prices. Import Quotas and Tariff Rate Quotas (TRQs) are two ways to regulate trade. Both influence […] Read More »

IPI stands for Interior Point Intermodal. It is also known as Inland Point Intermodal. Both terms refer to the process of moving goods from seaports to inland destinations. This method begins when ocean freight shipments arrive at major ports. These could be on the West Coast, East Coast, or Gulf of Mexico in the U.S. […] Read More »

A tariff is a tax placed on imported goods. Governments collect it when products enter the country. The goal is often to protect local industries, influence trade, or bring in money. But there is confusion about how tariffs work. Some say they make the country richer by bringing in revenue. The idea sounds simple, but […] Read More »

What is Transloading? Transloading is the process of moving cargo from one mode of transportation to another. A shipment might start on a ship, then transfer to a train or truck before reaching its final destination. Businesses rely on transloading in logistics when direct transport is not possible. It allows them to adjust shipments based […] Read More »

Incoterms are international rules that define responsibilities in shipping. They decide which party is responsible for the various costs and risks, including International freight, customs clearance, import duties & taxes. The International Chamber of Commerce (ICC) introduced Incoterms in 1936 to create a global shipping standard. Today, there are 11 Incoterms, each setting different rules […] Read More »