Trade compliance refers to the adherence to laws and regulations governing international trade. This includes ensuring that all imports and exports meet the requirements set by government agencies, such as the U.S. Customs and Border Protection or the World Trade Organization. Companies must be aware of tariffs, trade agreements, and restrictions to avoid penalties and ensure smooth operations. Effective trade compliance helps businesses minimize risks and maintain a good reputation. By following the rules, companies can prevent delays in shipments and potential fines. It also fosters trust with partners and customers, as they can be confident that the business operates within legal frameworks and ethical standards.