News
Letter From CEO (Jamie Rodgers): The Trade War Rages On.
Written by Jamie Rodgers, CEO of J.M. Rodgers Co., Inc. The trade war rages on. In an unexpected move, President Trump announced last week that the imposition of section 301 tariffs would expand beyond the $200 million of imported products from China currently on the...
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USMCA And Changes In The Political Landscape
On October 1, 2018, the United States–Mexico–Canada Agreement (USMCA) was formally announced as the successor to NAFTA. It was signed in a ceremony on November 30 by US President Donald Trump, Canadian Prime Minister Justin Trudeau, and outgoing Mexican President...
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Trade Negotiations Continue With Japan
Over the last few months, the United States has been busy working on new trade agreements worldwide. This past month has seen a renewed focus on the USA’s trade relationship with Japan, a close ally and America’s 4th-largest trade partner. As one of his first acts...
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Tariff Deadline Uncertain
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...
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Section 301 Duty Drawback Claims Now Being Accepted
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...
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Tariffs In The News
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...
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Foreign Trade Zone (FTZ) And 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...
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A Scientific Approach
When a new drawback client comes to us, our first priority to them is to ensure that we take every step to maximize their drawback returns. Since beginning to claim drawback more than a half century ago, we have always operated on a basis where we do not charge our...
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J.M. Rodgers Disaster Recovery Planning
All areas of the business are important to success, but the clearing of inbound freight is especially critical. Ships and planes do not cease operations when our offices are inaccessible. If a regional disaster like a major hurricane affects one place, the rest of the...
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What Is A Customs Bond And When Do I Post It?
If you’ve got your feet wet importing goods from overseas then your company will no doubt have become familiar with the concept of posting a customs or import bond. For those that are new to import/export, here’s is the basic information on what a customs bond is and...
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Garment Production in China in the Age of Tariffs
When U.S. tariffs were levied in September on $200 billion worth of Chinese imports, some apparel companies saw the writing on the wall even if they wanted to erase it. The 10 percent tariffs did not cover apparel or footwear, but it did include fabric and handbags...
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Final TFTEA Regulation & the Top 10 Points You Need to Know!
Last week, due to their court-imposed deadline, CBP released the final Duty Drawback Regulations (Modernized Drawback). These regulations institute the new processes for drawback pursuant to the Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA). This was a...
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The Threat Of European Auto Tariffs
With the trade news justifiably focused on the ongoing trade war between China and the United States, less attention has been focused on the growing threat that the Trump Administration might impose high duties of up to 25% on European automobiles being imported into...
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