Cost-insurance-freight

Cost-insurance-freight in the United States

Cost-insurance-freight in the International Business Landscape

Definition of Cost-insurance-freight in the context of U.S. international business and public trade policy: A system of valuing imports that includes the cost of moving them from their port of embarkation to their destination. The Trade Agreements Act of 1979 required the US Department of Commerce to report c.i.f. import statistics “no later than 48 hours before the release of any other [import] statistics” (Sec. 1108). This provision was repealed in 1988.


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