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Tariff Deadline Uncertain

Months ago, a deadline of March 1st was set by the Trump Administration to have a new trade deal in place that would reduce or somehow mitigate the tariffs that were implemented last summer. In a brief “truce” to the trade war, President Trump agreed not to increase...

Tariffs In The News

For years, tariffs were a niche topic that only came up once in a great while when a major trade deal or something similar was being discussed. For most companies, the tariff impact was not a big topic. Today it is nearly impossible to avoid discussions about tariffs...

Foreign Trade Zone (FTZ) And Duty Drawback

When an importer whose products are eventually sold for exports seeks to mitigate the impact that duties have on their products, two main options emerge: foreign trade zone or duty drawback. Both function as legal methods to either lessen, eliminate, or refund duties...