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Trade Risk Guaranty
United States
Registrace 22. 07. 2016
Trade Risk Guaranty offers US Customs bonds, marine cargo insurance, and web-based software for the importation of goods into the United States. TRG provides educational webinars and simple videos to explain and help with the process of importing.
How to Lower the Cost to Protect Your Warehouse [Full Webinar]
Trade Risk Guaranty discusses how you can lower the cost of protecting your warehouse from the unpredictable. The presentation covers the following topics:
- What is Warehouse Insurance?
- The Rising Cost of Property Insurance
- How to Lower the Cost of Warehouse Insurance?
- What Information Do Underwriters Need to Quote
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CONTACT TRG : askanexpert@traderiskguaranty.com
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Connect with TRG for more insight into the world of International Trade:
WEBSITE : traderiskguaranty.com/
BLOG : traderiskguaranty.com/trgpeak/
FACEBOOK : TradeRiskGuaranty/
INSTAGRAM : traderiskguaranty
- What is Warehouse Insurance?
- The Rising Cost of Property Insurance
- How to Lower the Cost of Warehouse Insurance?
- What Information Do Underwriters Need to Quote
----------------------------------------------------------------------------------
CONTACT TRG : askanexpert@traderiskguaranty.com
----------------------------------------------------------------------------------
Connect with TRG for more insight into the world of International Trade:
WEBSITE : traderiskguaranty.com/
BLOG : traderiskguaranty.com/trgpeak/
FACEBOOK : TradeRiskGuaranty/
INSTAGRAM : traderiskguaranty
zhlédnutí: 137
Video
2023 Quarter 2 - International Trade Update [Full Webinar]
zhlédnutí 226Před rokem
Trade Risk Guaranty discusses news updates within the International Trade industry throughout the second quarter of 2023. The presentation covers the following topics: - The Looming Possibility of the a UPS Strike - Ongoing Strike at Canadian Ports - Update on Canadian Customs Bond - The Current Status of Container Pricing - More Forced Labor Enforcement - An Update on the UFLPA - Panama Canal ...
Status Update on the Canadian Customs Bond [Full Webinar]
zhlédnutí 316Před rokem
Trade Risk Guaranty explains the current status of the Canadian Customs Bond. The presentation covers the following topics: - A Brief Introduction to CARM - What Canadian Importers Should Do Now - What is to Come in Release 2 for Canadian Importers - How to Calculate your Canadian Customs Bond Amount For guides and information directly from CBSA, click on 'Onboarding Documentation' in the follo...
2023 Quarter 1 - International Trade Update [Full Webinar]
zhlédnutí 303Před rokem
Trade Risk Guaranty discusses news updates within the International Trade industry throughout the first quarter of 2023. The presentation covers the following topics: - The Current Status of Container Pricing in Early 2023 - Is GSP Going Back Into Effect to Promote Importing From Lower Income Countries? - The Status of Section 232 and Section 301 Tariffs - A Move Away from Importing from China ...
What Makes Antidumping & Countervailing Risky? [Full Webinar]
zhlédnutí 405Před rokem
Trade Risk Guaranty discusses why importing goods subject to Antidumping and Countervailing are considered riskier than standard entries into the United States. The presentation covers the following topics: - What is Antidumping and Countervailing? - The Added Risk of Antidumping and Countervailing - An Example of a Real-World Case - Advice for the Antidumping and Countervailing Importer -...
What is the Uyghur Forced Labor Prevention Act? [Full Webinar]
zhlédnutí 682Před rokem
Trade Risk Guaranty partnered with FloraTrace to discuss the Uyghur Forced Labor Prevention Act that has recently gone into effect. The presentation covers the basics of what the act entails, but also discusses the unique process of material mapping that FloraTrace specializes in. The presentation covers the following topics: - What is the Uyghur Forced Labor Prevention Act? - The Potential Ris...
What Are Antidumping and Countervailing Duties?
zhlédnutí 11KPřed 2 lety
Trade Risk Guaranty answers the question: what are antidumping and countervailing duties? The video contains a definition with graphics that answers the following questions: - What is Dumping? - What are the Effects of Dumping? - What is Antidumping? - What is Countervailing? Subscribe for more educational videos on the international trade world. Get a quote on your Customs Bond today: traderis...
The Risks of International Shipping & How to Protect Yourself [Webinar]
zhlédnutí 449Před 2 lety
The team at Trade Risk Guaranty discusses the risks of shipping internationally and how to mitigate that risk by being proactive. The discussion between two marine cargo insurance experts provides insight into the reality of importing and exporting goods into the United States. The presentation covers the following topics: - The Risks of Shipping Internationally - Real World, Newsworthy Events ...
Introduction to Canadian Customs Bonds [Full Webinar]
zhlédnutí 1,1KPřed 2 lety
Trade Risk Guaranty dives into the topic of Canadian Customs Bonds to provide insight on this new requirement for Canadian importers. The presentation covers the following topics: - What is a Canadian Customs Bond? - How to Calculate You Canadian Customs Bond Amount - When to Place a Canadian Customs Bond - CONTACT TRG : askanexpert@traderiskguaranty.com - Connect with TRG for more in...
General Average on MSC Sabrina | TRG Talks Trade | Ep 1
zhlédnutí 572Před 2 lety
Introducing the first episode of TRG Talks Trade, a series exploring stories and news updates in the international trade industry. Episode 1 features the story of General Average on the MSC Sabrina. Read the full story here: traderiskguaranty.com/trgpeak/general-average-msc-sabrina-story/ Get a quote on your Cargo Insurance today: traderiskguaranty.com/marine-cargo-insurance/pricing/?#get-a-quo...
2021 Shipping Bottlenecks & It's Effect on the Economy
zhlédnutí 332Před 2 lety
Trade Risk Guaranty provides further insight into the shipping bottlenecks that the international trade industry is facing in 2021. The presentation covers the following topics: - An Update on 2021 Shipping Bottlenecks - A Brief Dive into the Impact on the Industry - What You Can Do To Mitigate the Impact - CONTACT TRG : askanexpert@traderiskguaranty.com - Connect with TRG for more in...
Alternatives Ways to Purchase A Group Health Policy for Your Business [Webinar]
zhlédnutí 168Před 3 lety
Trade Risk Guaranty partnered with Total Insurance to provide an informative presentation covering the following topics: - The Importance of Insuring Your Most Valuable Asset - Alternative Options to Traditional Medical Plan - How to Customize Your Approach - CONTACT TRG : askanexpert@traderiskguaranty.com - Connect with TRG for more insight into the world of International Trade: WEBS...
How to Minimize Risk When Storing Goods in a Warehouse
zhlédnutí 354Před 3 lety
Storing goods in a warehouse can be risky, so shippers need to take steps to minimize the likelihood of their goods being lost or damaged. Learn More about Warehouse Cargo Insurance Coverage: What is Warehouse Coverage? : traderiskguaranty.com/trgpeak/warehouse-insurance-coverage/ What is Marine Cargo Insurance? : traderiskguaranty.com/trgpeak/marine-cargo-insurance-2/ Connect with TRG for more...
Container Shortage and Other 2021 Shipping Bottlenecks [Webinar]
zhlédnutí 1,6KPřed 3 lety
Trade Risk Guaranty provides insight into the shipping bottlenecks that the international trade industry is facing in 2021. The presentation covers the following topics: - The 2021 Container Shortage - The Suez Canal Blockage - The Effect on the Industry - Minimize the Effect on Cargo Insurance - CONTACT TRG : askanexpert@traderiskguaranty.com - Connect with TRG for more insight i...
3 Reasons U.S. Customs Bonds Are Deemed Insufficient
zhlédnutí 369Před 3 lety
Trade Risk Guaranty identifies the three primary reasons U.S. Customs Bonds are deemed insufficient. Subscribe for more educational videos on the international trade world. Get a quote on your Customs Bond today: traderiskguaranty.com/customs-bonds/pricing/?#get-a-quote - CONTACT TRG : askanexpert@traderiskguaranty.com - Connect with TRG for more insight into the world of Internationa...
Cyber Security in International Trade [Webinar]
zhlédnutí 257Před 3 lety
Cyber Security in International Trade [Webinar]
The Basics Warehouse Insurance & How to Get a Competitive Quote [Webinar]
zhlédnutí 566Před 3 lety
The Basics Warehouse Insurance & How to Get a Competitive Quote [Webinar]
A Breakdown of a Customs Bond Insufficiency Letter
zhlédnutí 502Před 3 lety
A Breakdown of a Customs Bond Insufficiency Letter
Carrier Limit of Liability | What is Defined as a Package?
zhlédnutí 730Před 3 lety
Carrier Limit of Liability | What is Defined as a Package?
Introduction to General Average [Webinar]
zhlédnutí 5KPřed 3 lety
Introduction to General Average [Webinar]
Carrier Limit of Liability: Filing a Claim
zhlédnutí 1,4KPřed 3 lety
Carrier Limit of Liability: Filing a Claim
What is Carrier Limit of Liability for International Shipping?
zhlédnutí 4,3KPřed 4 lety
What is Carrier Limit of Liability for International Shipping?
The Basics of Importing FDA Products [Webinar]
zhlédnutí 4,9KPřed 4 lety
The Basics of Importing FDA Products [Webinar]
Life in Bozeman - The Godfrey Saunders Virtual Ride for Racial Equality
zhlédnutí 67Před 4 lety
Life in Bozeman - The Godfrey Saunders Virtual Ride for Racial Equality
5 Things to Know Before Importing Personal Protective Equipment
zhlédnutí 475Před 4 lety
5 Things to Know Before Importing Personal Protective Equipment
Why Are You Paying More For Cargo Insurance? [Webinar]
zhlédnutí 651Před 4 lety
Why Are You Paying More For Cargo Insurance? [Webinar]
A Guide to Importing Personal Protective Equipment (PPE) Into the U.S.
zhlédnutí 631Před 4 lety
A Guide to Importing Personal Protective Equipment (PPE) Into the U.S.
The Impact of COVID 19 on International Trade
zhlédnutí 6KPřed 4 lety
The Impact of COVID 19 on International Trade
Excellent
great explannation
Does that mean i have to pay bond amount in advance? Please brief
In the case of a continuous U.S. Customs Bond, the bond amount refers to the maximum compensation a surety bond provides in cases where the bonded entity doesn’t meet its contractual obligations. The bond premium is how much a surety charges in order to place a U.S. Customs Bond. To get a bond in place, the importer would need to pay the bond premium to the surety. The only way an importer would be required to pay the bond amount is if they have not met their obligations to Customs and that has resulted in the bond having to pay out. How much a bond cost to get in place varies from Surety to Surety and will typically depend on your importing practices. This is why we encourage importers to shop their bond to find the best provider for them.
Could you explain what Normal value is?
If any food is not intend to cure any disease then will it need fda approval?
Yes, the FDA oversees any product that is intended to interact with the human body. This includes (but is not limited to) anything that will be eaten, any lotions or makeup that will be applied to the skin, and even any container that these items will be stored in or interact with. The intention of curing a disease is not a deciding factor on if the FDA is involved. If it is food, the FDA oversees it.
well done
We are a tax consultancy firm. We want to extend our business domain in importing business planned to import cardamom. But we don't understand where to begin. Will give us a guideline?
Educate me on how to calculate General Average with a formula. Thank you
Calculation is wrong. General average loss Percentage is 27.027%. Simply divide 5m loss to voyage value 18.5m. Then give this percentage to vessel owner and cargo owner. Simple. Vessel owner 10m - 2702700 Cargo owner 2m - 1,351,350 Cargo owner 2m - 540,540 Cargo owner 1m - 270,270 Cargo owner 500K - 135,135 Total - 4,999,995
This is a really Well made video. AMAZING
Thank you, we are glad you liked it!
There is a PGA list in ACE that you can run a report and download it. It is a reference report # REF-001 named "HTS Reference Report."
Radiation emitting products could include LED lights.
THAK YOU FOR THIS PRECIOUSE INFOTMATIO. HOW TO KNOW IF THE PRODUCT IS IN ANTI DUMPING LIST?
We are glad you found this video helpful! Since Antidumping and/Countervailing duties are not applied based on a specific HTSUS code, the only way of knowing if you are subject to them is to read the description of the antidumping/countervailing action, compare that to the product you are importing, and consult with your Customs Broker. If you think you are subject to the additional duties but are not sure, you can request a Scope Ruling directly from U.S. Customs. To search for products subject to antidumping/countervailing, CBP provides this search tool: access.trade.gov/ADCVD_Search.aspx
I thought all countries pay duty for freight. Interesting to know. thank you!
Thank You for sharing! Understood clearly!oig Keep the good work going
Thank you! We are glad you enjoyed the video!
@@Traderiskguaranty-TRG Yup! Load of love from an Indian student
Very good information helpful and great advice excellent explanation valuable video thanks you God bless you sir jai hind 🇮🇳 India
Thank you! We are glad you enjoyed the information and found it helpful.
Thank you for the information!
You are very welcome! We are glad you found it worth your time!
6:36 picture data has a mistake, 10k should be100k?
In this example, the 10K is correct. U.S. Customs Bonds round up to the nearest 10K until they reach the 100K point. At that point they would round up to the nearest 100K. So since the annual duties, taxes, and fees multiplied by 10% equals $82,664.35 in this example, the bond amount would round up to the nearest 10K, which would be 90K.
Thanks, Turkey.
you know guarantee is spelt wrong, right?
Hi there! If you are referring the word 'Guaranty' in our company name, it is spelled and used in the legal/financial way. Guaranty is a specific type of guarantee that is only used as a noun where it means a promise to pay money if another party does not. Thank you for watching!
So cute images…..
Hi , can you recommend freight forwarding online course? Thank you
Unfortunately I don't have one to recommend since we are not freight forwarders. But good luck in your studies!
This is legitimately the kind of content I come to CZcams for
Thank you! We try to keep things quick and educational over here. I am glad you enjoyed this video!
how many of empty containers are parking at US all the harbors? Are they free to park at harbors? Any reasons why the ships are regular taking 18-21 days sailing but now 60-90 days.
It is nearly impossible to get a figure for the number of empty containers sitting at U.S. harbors. However, it does seem like the additional fee being charged to companies with containers sitting at the port of LA/Long Beach has help get that cargo moving. As for fees to park, that really depends on the specific port, but in general, usually a fee begins to accrue after a certain number of days. For your last question, we actually have a few webinars that have been exploring and attempting to make sense of the shipping delays and the longer shipping time. If you check our channel, the latest one was called "2021 Shipping Bottlenecks & It's Effect on the Economy".
Wow well explained, i got the clarity i needed. Wishing i join your company i Just checked it, profile is exciting😁
DO I still need a broker if I have a bond
Having a Customs Broker is still recommended since they are going to be able to help you file the paperwork associated with importing. However, you are able to self-file if that is something you prefer. Our sister company, Strix, provides self-filing software if that is something you are interested in exploring.
Thanks great information about FDA
How to apply for importation license?
Brilliant. Succintly explained.
Ничего не понял, но очень интересно...
Hi 👋 I have a question. What is the effect and impact of global pandemic to foriegn trade environment ? In terms of Demographic, Economic, Technological, Political-Legal Factors, Sociocultural
That's how research starts
A UPS customer is complaining about custom bond fee, UPS pay in advance to Custom and collecting 2.7% as a charge, Customer ask how they can pay there bond fee in advance to avoid bond fee?
Hi Allan, the best way to save money on your bond is to purchase a bond yourself and not through a Freight Forwarder like UPS. This will also give you more control over your bond and any claims that may arise. TRG provides U.S. Customs Bonds directly to importers for this exact reason. To help them save money, avoid additional fees, and provide support in the event that there is a claim. You can get a quote here: traderiskguaranty.com/customs-bonds/pricing/?#get-a-quote
Just came here after the Suez canal crisis of Evergiven!! Sorry for all those shippers without insurance!!!
What were the organizations mentioned when asking questions to a customs broker?
Why is it so hard to find REAL olive oil in stores?
Nice explanation ... but your ship is going backwards (astern in ship talk)
Thanks for the note! Don't know how that went unnoticed through editing. We will update it on future videos.
Products wich are of particular interest to European customs officers.
Q
If we order products that were being shipped overseas and one of these instances occurred, would the buyers of the individual products be held responsible? Or would the companies that are paying ships to ship goods be held responsible?
how to calculate isnurance for Cost $67k and o/f 4300 usd per cntr.
Since micro-captive insurance companies were placed on the IRS “Dirty Dozen” list of tax scams in 2014 and identified as a transaction of interest in 2016, the IRS has continued to expand its enforcement efforts of what it views as abusive micro-captive insurance arrangements. The IRS has been gathering information on taxpayers and instituted a new virtual currency compliance program in 2019. Here is an excerpt from one of their notices: “We have information that you have or had one or more accounts containing virtual currency but may not have properly reported your transactions involving virtual currency, which include cryptocurrency and non-crypto virtual currencies.” New IRS Notice 6174-A The IRS clearly sees noncompliance on virtual currency transactions as a threat to the tax system. As if the onslaught of recent losses in Tax Court was not enough, investors in syndicated conservation easements now have more to worry about. On August 25, 2020, the Senate Finance Committee released a bipartisan report condemning syndicated conservation easements as abusive and encouraging the IRS to take further action to ferret out such abuses. Lance Wallach has received hundreds of calls, 516-236-8440 to fight IRS and sue the promotors of easement, captive, and cryptocurrency plans. Google him and your advisor, who do YOU trust? wallachinc@gmail.com
So any insurance can issue a customs bond?
In order to issue a U.S. Customs bond, an insurance company must be listed on the U.S. Treasury Department's website. Therefore an insurance agency must work directly with a U.S. Treasury listed surety to issue a U.S. Customs bond. It is important to work with a reputable agency that specializes in U.S. Customs bonds since they are a complex type of insurance product. Trade Risk Guaranty has provided U.S. Customs Bonds directly to importers since 1991. If you are interested in getting a quote or more information, check out our website and fill out the form to speak directly with a team member: traderiskguaranty.com/customs-bonds/pricing/?#get-a-quote
Just a correction (minute 1:03) the definition of GA should be amended to read "for" the purpose of preserving from peril. It makes all of the difference!
The IRS said Thursday it will be sending settlement offers with terms that are stricter than ones it offered last year under an earlier Micro-captive initiative. The IRS has been focusing on cracking down on certain types of tax avoidance schemes, such as syndicated conservation easements and Micro-captive insurance, while also stepping up tax enforcement efforts against holders of digital currencies such as Bitcoin and Ethereum, despite a decreasing number of IRS audits overall in recent years.
Hello. I would like to ask how to buy the US. customs bond?
For import goods. Do you have any agent recommended?
@@officialstoreboya2071 Trade Risk Guaranty has provided U.S. Customs Bonds directly to importers since 1991. If you are interested in getting a quote, check out our website and fill out the form to speak directly with a team member: traderiskguaranty.com/customs-bonds/pricing/?#get-a-quote
@@Traderiskguaranty-TRG If i buy a bond, what will i get? A bond number or tax id?
@@officialstoreboya2071 When you buy a U.S. Customs Bond, you are provided with a Bond Number via email. You would then use that number throughout your paperwork filed with U.S. Customs and Border Protection in order to import into the U.S. Having a valid U.S. Customs Bond in place is required by CBP in order to import. In order to place a U.S. Customs Bond, your business would already need a valid Tax ID number since this is a required component of doing business in the U.S.
Very useful information about import export . I want to export Honey in USA Please, support and guide me.
thanks for all the information. it helped a lot.
Happy to help! Thanks for watching!
custom clearance process china Seehog - Guide for European Exporters. trista@seehog.com. wechat:+86 18038319027.
In case the goods is damaged during shipment, who will file for insurance claim? Is it the seller or buyer? Thank you
This depends on who secured the cargo insurance policy for that shipment and who has the Insurable interest at the point of transit when the cargo was damaged. This has a lot t do with what Incoterm was used during the transaction. We have many other videos on our channel about Incoterms that may help clarify this point further. Thank you for watching!
Super good video. This video helped me make the decision for my importation bond.