By: Bonnie Kersch, Senior Trade Advisor, Braumiller Consulting Group Determining the appropriate value for merchandise that you import can be a tricky task. In general, you need to start by determining the basis of appraisement that is appropriate for your situation. I’ll list them below but note that you should try to use the first one. If that doesn’t
By: Bonnie M. Kersch, Senior Trade Advisor, Braumiller Consulting Group Determining the correct classification of goods is arguably paramount to any good trade compliance program. However, many companies misclassify their goods at an astonishing rate. While this may be good for business for trade compliance consultants like myself, it isn’t good when it comes time for our client’s Customs audits.
By: Bonnie M. Kersch, Sr. Trade Advisor, Braumiller Consulting Group Incoterms are rules issued by the International Chamber of Commerce that facilitate global trade and are updated every ten years or so in an effort to keep up with the changes that take place in international trade. The current version is Incoterms 2010, but a new version, Incoterms 2020, is
By: Bonnie Kersch, Senior Trade Advisor, Braumiller Consulting Group Are the robots taking over? Last week, I stopped by McDonalds, placed my order on a computer, pulled out my phone and used an app to make a doctor’s appointment, and then later deposited a check through a different app on my phone. All of these jobs that used to