How to Prepare and Minimize Risks on Your Duty Drawback Audit
If you’re in the international trade business, the duty drawback process can provide a tangible financial boost to your company. Duty drawbacks offer refunds for duties paid on imported goods that are subsequently exported, used in the manufacturing of exported...
Streamlining Duty Drawback Processes: Outsourcing vs. In-House Operations
Every bit of cost savings you can manage is important in today’s business environment. Money that goes back into the bank helps create healthy profit margins. That’s why companies participate in duty drawback programs from US Customs and Border Protection...
Tips and Strategies To Maximize Duty Drawback Claims
Importing goods for resale can be a lucrative venture, but it’s also a highly competitive arena. Your company undoubtedly has several rivals, and you’re all vying for customer business. To offer buyers the best prices while maximizing profitability, you must save...
Biden’s China Tariffs: What You Need to Know
United States President Joe Biden announced tariff increases on multiple imports from China, surprising pundits on both sides of the political aisle. This follows former President Donald Trump’s own China tariffs, implemented in 2018. Since Biden assumed office in...