Duty Drawback Trends & Statistics You Need to Know
Whether you’re a seasoned compliance expert or exploring the drawbacks for the first time, discover these trends and statistics to gain actionable insights you can take advantage of today.
Whether you’re a seasoned compliance expert or exploring the drawbacks for the first time, discover these trends and statistics to gain actionable insights you can take advantage of today.
Celebrating a Legacy of Customs, Compliance, and Duty Drawback. For 75 years, J.M. Rodgers Co. has helped importers and exporters navigate complex customs regulations, recover duties through the U.S. duty drawback program, and manage international logistics.
Every dollar counts in global trade. This is especially true with the tight margins, ever-shifting tariffs, and supply chain disruptions American businesses face today.
There was a lot packed into this week. CBP rolled out guidance on the temporary 10 percent Section 122 surcharge, and at the same time officially stopped collecting certain IEEPA duties after the Supreme Court decision. On paper, one duty ends and another begins. In practice, it is not that simple.
What you need to know about classification, valuation, origin rules, and duty-recovery strategies so you protect compliance, recover cash, and optimize your global supply chain.
Few things in business are as unpredictable as international trade. Whether you’re a CFO, an import/export compliance manager, or a logistics director, you strive for certainty. However, complex customs regulations, supply chain disruptions, and tariff uncertainty can all cause dramatic shifts in strategy.
There was a lot packed into this week. CBP rolled out guidance on the temporary 10 percent Section 122 surcharge, and at the same time officially stopped collecting certain IEEPA duties after the Supreme Court decision. On paper, one duty ends and another begins. In practice, it is not that simple.
At times, the U.S. Customs and Border Protection (CBP) might want to take a closer look at a business’s records to make sure it’s following all regulations. When CBP initiates an audit, it largely wants to make sure your business is keeping accurate records, complying with regulations, and, perhaps most importantly, paying the right amount of money on your imports.
A Step-by-Step Guide to Accurate Duty Drawback Filing for Trade Compliance Teams.
Global trade regulations are getting more restrictive, and customs authorities are tightening up. In 2026, your company can’t afford to let compliance become an afterthought.
2026 is shaping up to be a year where supply chain strategy and trade planning are more interconnected than ever.
If your business is involved in international trade, duty drawback can be a game-changer. Duty drawback is a government program that refunds certain duties, taxes, and fees paid on imported goods that are subsequently exported or destroyed. Your business can recover significant amounts that go right back to the bottom line. Before you can do that, though, you have to decide whether to manage duty drawback internally or outsource it to seasoned specialists.
Paying import duties and taxes can add unnecessary burdens on you or your company. Importing items can also hold up your merchandise in port. However, if you’re a company that sends certain goods internationally, you could reduce the costs of import duties if the item will be in a foreign country for less than a year.
Trade relationships can shift quickly, and recent updates around potential tariff increases on imports from South Korea are a good reminder of that reality.
U.S. import regulations are notoriously complex, particularly when they involve chemical substances. If your business imports chemicals (or products that contain them), one of the most daunting regulations is the Toxic Substances Control Act (TSCA). Noncompliance with TSCA can lead to significant financial penalties, costly shipment delays — and irreparable damage to your company’s reputation.
Navigating customs and logistics is complex and costly, but a partner with the right expertise changes everything. An experienced partner lowers risks, maximizes refunds, and keeps your cargo moving seamlessly. Don’t leave compliance or cash flow to chance.
HST classification guidelines are becoming increasingly important. With stricter customer enforcement, frequent trade and regulatory updates, evolving global trade policies, and the rise of AI-powered auditing systems, accurate classification is essential.
If global trade were a jigsaw puzzle with pieces including contract negotiating, navigating customs, and shipping logistics, Incoterms 2020 would be the instructions on the puzzle box.
If you ship goods internationally, chances are you’ve heard the terms customs broker and freight forwarder.
A new era has dawned for US businesses as the nation’s tariffs on imported foreign goods now stand near the 20% mark, their…
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.