News
Trade and Tariff Development with the EU
This week trade representatives from the United States and the European Union put out a joint announcement that they will be working on an initiative to explore the reduction and possible removal of Section 232 tariffs in the USA as well as the tariffs on US goods that the EU imposed in response.
Wrapping up the 2021 Transpacific Contract Season
The imposition of several different tariffs across lists of products spanning nearly every category of product over the last several years has meant that a keen eye towards Customs compliance remains a critical part of any supply chain. A Customs broker that understands and can adapt to the rapid pace of change and can apply that to any business is crucial now more than ever for achieving success.
Customs Compliance and Successfully Navigating Change
The imposition of several different tariffs across lists of products spanning nearly every category of product over the last several years has meant that a keen eye towards Customs compliance remains a critical part of any supply chain. A Customs broker that understands and can adapt to the rapid pace of change and can apply that to any business is crucial now more than ever for achieving success.
Section 232 Rulings
Over the last few months there has been considerable changes on tariffs coming from all over the world, with the volatility in US trade policy not ceasing despite the change to a new administration. One area that has gone through some changes very recently have been the Section 232 duties on steel and aluminum.
Excise Tax Refunds
Duty drawback has been a boon for importers and exporters for years that has allowed them to claim refunds on tariffs and duties paid on products exported. But more than just duties are eligible to be refunded by a drawback- excise taxes are also able to be pursued.