Incoterms® 2020 Decoded: Choosing EXW, FOB, CIF & DDP for Your China Exports (Without the Headache)
If you’re involved in importing goods from China to the United States, you’ve likely stumbled upon terms like EXW, FOB, CIF, and DDP. These are not just random abbreviations thrown around by freight forwarders or suppliers; they are part of the Incoterms® 2020, a set of internationally recognized rules that define the responsibilities of buyers […]