by JMR | Jul 8, 2025 | Industry News
Following last week’s announcement of a trade agreement with Vietnam, President Donald Trump has sharply escalated U.S. trade policy by imposing new tariffs on imports from 14 additional countries, including major trading partners like Japan and South Korea. These...
by J.M. Rodgers Co. | Jul 1, 2025 | Industry News
With the pause on sweeping U.S. global tariffs set to expire in less than two weeks, President Trump announced this past weekend that the administration plans to move forward with unilateral tariff rate assignments, without the need for formal trade agreements. What’s...
by J.M. Rodgers Co. | Apr 17, 2025 | Duty Drawback, Industry News
A major shift in U.S. import policy is on the horizon: the long-standing de minimis exemption for low-value goods will no longer apply to shipments from China and Hong Kong starting May 2, 2025. At J.M. Rodgers, we’re helping importers prepare for this...
by J.M. Rodgers Co. | Apr 10, 2025 | Duty Drawback, Industry News
On April 10, 2025, U.S. Customs and Border Protection (CBP) issued CSMS #64701128, updating previous guidance related to the Reciprocal Tariff Program initiated by Executive Order 14257. This latest directive reflects a major policy shift: the tariff rate on imports...
by Jon Sabel | Jul 23, 2021 | Duty Drawback
This week, U.S. Customs released data detailing how much they’ve collected overall on new duties. Since its implementation in March of 2018, just under $100 billion in tariffs on 301 duties have been brought in. These duties, paid on imports from China and Europe, are...