Incoterms 2020 – Summary of Changes from 2010

There has been a slight change to Incoterms for 2020’s revision from Incoterms 2010. Please see below: The layout for Incoterms 2020 has been changed as follows: A1-B1 General obligations (as before) A2-B2 Delivery / taking delivery (formerly A4-B4) A3-B3 Transfer of risks (formerly A5-B5) A4-B4 Carriage (formerly A3-B3) A5-B5 Insurance (formerly covered with carriage in A3-B3) A6-B6 Delivery / transport

U.S. Places Tariffs Against EU

Largest Ever WTO Award Paves the Way for U.S. Tariffs Against EU From the Office of the United States Trade Representative: Washington, D.C. – The United States has won the largest arbitration award in World Trade Organization (WTO) history in its dispute with the European Union over illegal subsidies to Airbus. This follows four previous