Tariff classification and valuation review. Businesses may consider auditing their HTS classifications and goods valuation methodologies to ensure accuracy and apply strategies such as First Sale ...
They’re clearly trying to put the fear of God in these importers,” said Morris, Manning & Martin partner Will Planert.
The threat of a looming trade war has left United States importers scrambling for tools to help ameliorate the impact of customs duties. In many ...
Effective immediately, all goods coming from Mexico and Canada, with the exemption of Canadian energy products, are subject to a 25% tariff. Goods coming from China are subject to a 20% tariff.
A 10-digit Harmonised System of trade Nomenclature, with accurate classification, will facilitate smoother trade talks, ...
The process is relatively simple for items such as Canadian fruits and vegetables, but can be trickier for manufactured goods, as every element has its own tariff classification code, said Zvi Halpern ...
U.S. Customs and Border Protection handles tariff collections ... the U.S. companies that serve as importers and engage in a classification process that involves about 18,000 possible numbers.
President Donald Trump's newly implemented tariffs and additional tariffs under consideration are disrupting trade relationships and industries are scrambling to react to the higher costs brought ...
As President Donald Trump threatens new import duties beginning March 4, American businesses are exploring creative ...
Goods coming from China are subject to a 20% tariff. As the countries vowed retaliatory tariffs on the U.S., Commerce Secretary Howard Lutnick said again Wednesday there may be some room for ...