Duty Drawback: Even More Important in the New Tariff Era
A new era has dawned for US businesses as the nation’s tariffs on imported foreign goods now stand near the 20% mark, their highest level since the 1930s.* That’s a sharp uptick for anyone, but especially for the importers who have to pay the bill. For...
New 25% Tariff on India for Russian Oil Imports – Duty Drawback Still Eligible
On August 6, 2025, President Trump issued a new Executive Order under the International Emergency Economic Powers Act (IEEPA) imposing a 25% ad valorem tariff on all goods from India, in response to India’s continued purchases of Russian oil and petroleum products....
CBP Issues Guidance for New Reciprocal Tariffs Effective August 7
U.S. Customs and Border Protection (CBP) has released updated guidance on the implementation of reciprocal tariffs under the authority of the International Emergency Economic Powers Act (IEEPA) and Executive Order 14257, as amended by the July 31, 2025 Executive...
Tariffs, Trade, and Duty Drawback: Insights from the AAEI Panel with J.M. Rodgers
At this year’s AAEI conference, J.M. Rodgers’ Andrew Galloway and Sean Dunne hosted a rapid-fire panel discussion focused on duty drawback in today’s shifting trade landscape. With tariffs continuing to impact the bottom line for importers and exporters, the session...