Economic & Trade Risk Insights

In today’s unpredictable tariff environment, importers benefit from Customs & Excise Bonds that defer Customs & Excise payments and preserve liquidity. Learn how global surety experts help businesses adapt to changing policies.

Effective for 90 days (until 12 August), the US will reduce its effective import tariff rate on China from 103% to 39% – but this is still higher than the 13% rate before President Trump’s second term and the highest rate applied on any trade partner. Its global rate declines from 21% to 12%. In response, China will cut its tariffs on US goods from nearly 140% to 24%.

In corporate finance, managing outstanding balances—the amounts owed to creditors by debtors—is crucial for maintaining a company's financial health. Credit protection plays a vital role in safeguarding businesses from risks associated with customer defaults or late payments, thus ensuring stable cash flow and secure financial operations.