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Letter From CEO (Jamie Rodgers): The Continuing Evolution of TFTEA Duty Drawback

Letter From CEO (Jamie Rodgers): The Continuing Evolution of TFTEA Duty Drawback

The rules and regulations that govern duty drawback under TFTEA are continuing to evolve years after its passage. Just a few days ago, a pivotal lawsuit about specific provisions in TFTEA’s drawback rule, National Association of Manufacturers (NAM) vs. The United States resulted in a decision that enshrined the practice of “double drawback,” a specific kind of refund that could be pursued for wine imports and exports, against the proposed regulations Customs had offered.

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A New Decade and Incoterms

A New Decade and Incoterms

President Trump and Chinese Vice Premier Liu He have signed the “Phase 1” trade deal today.  Recently the President announced the three-phase trade deal with China on October 11, 2019, and Phase 1 was supposed to be written over three weeks.

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