The Importance of Using Correct HTSUS Codes
For anyone buying products or goods from overseas, using the correct HTSUS code is crucial. For those importing into the United States, the Harmonized Tariff Schedule of the United States …
Confirming Supplier Promises for Delivery Duty Paid (DDP)
When buying products from overseas, the importance of understanding and adhering to agreed-upon terms, such as Delivered Duty Paid (DDP), cannot be overstated. Among these terms, are Incoterms which are …
Incoterms’ Impact on Cost
In international trade, navigating the complexities of shipping, customs, and costs can be daunting – understanding Incoterms’ impact on cost is next level. One critical aspect that significantly influences the …
Basic Tips for Buying Products on Alibaba
Looking for tips for sourcing and buying products on Alibaba? Alibaba, a China-based platform connecting suppliers and buyers, is a go-to destination for businesses seeking to source competitively priced goods …
Unlocking Savings: Why You Need a Tariff Consultant for HTSUS Classification
For any business owner working in physical goods, the help of an internal or external tariff consultant can directly impact your bottom line. Tariff consultants optimize Harmonized Tariff System (HTS) …
How We Calculate Landed Cost
Understanding how to calculate landed cost when bringing a product from its origin to the final destination is critical for businesses. Landed cost, distinct from the Cost of Goods Sold …
Empress and Prosperity Launch Sustainable Outdoor Products Brand on Amazon
Empress Brokers International LLC and Prosperity Solutions LLC have joined forces to establish a new brand, Beartooth Trading, offering sustainable outdoor products. The first two products introduced are the Beartooth …
A Comprehensive Guide to Amazon FBA: Setting Up Your Product
Selling products through Amazon’s FBA (Fulfillment by Amazon) program can be both exciting and lucrative. However, navigating the intricacies of the FBA process requires careful planning and execution. In this …
What are Incoterms and Why Do I Need Them?
What are Incoterms? If you’re new to purchasing from overseas, or you are interested in optimizing your supply chain, comprehending the significance of Incoterms is crucial. But what exactly are …
What is the Lacey Act and Lacey Declaration Form? A Guide for Importers
The Lacey Act is a pivotal legislation aimed at combatting the illegal trafficking of wildlife, plants, and wood-based materials. For anyone importing products containing wood or plant material into the …