by Jon Sabel | Feb 26, 2019 | Letter From The CEO, Tariffs
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...
by Jon Sabel | Feb 25, 2019 | Duty Drawback, Letter From The CEO
The “Section 301” duties on imports coming from China have brought big tariff burdens across thousands of businesses, and have been a hot topic for drawback. However, claimants of these may have heard that because these are a new form of duty being implemented, there...
by Jon Sabel | Feb 10, 2019 | Tariffs
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...
by Jon Sabel | Feb 10, 2019 | 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...