Strategies for Importers – Section 301 China Tariffs

Loading the container in the cargo airplane.

At a glance The full story The Section 301 China tariffs, implemented by the United States Trade Representative (USTR), have significantly altered the landscape of international trade, impacting importers and businesses engaged in commerce with China. These tariffs, initially introduced in 2018, were aimed at addressing unfair trade practices and intellectual property invasion by China.…

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Case Study: Customs Compliance & Broker Management Drives Big Savings and Resolves Issues

Customs Compliance & Broker Management Drives Big Savings and Resolves Issues

About the Client: Aprio engaged with a manufacturer that imports various types of chemicals used to make secondary batteries for electric vehicles.  The Challenge: After the client imported chemicals from China to create battery products in the States, US Customs and Border Protection (CBP) determined that the products were subject to an anti-dumping and countervailing…

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Are You Overpaying on Duties for Imported Goods?

At a glance The full story: In recent decades, the U.S. Customs and Border Protection’s (CBP) First Sale Rule has gained traction as a strategic way for importers to substantially reduce the customs duties paid on imported goods. The First Sale Rule provides importers in multi-tier transactions a viable alternative to the more commonly used…

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Superfund Taxes Are Back. Are You Liable?

At a glance The full story: After expiring nearly 30 years ago, the Infrastructure Investment and Jobs Act (IIJA) of 2021 reinstated the Chemicals Superfund Tax and the Hazardous Substances Tax (the “Superfund Taxes”), effective July 1, 2022, through January 1, 2032. The Superfund Taxes were originally enacted in 1980 to generate revenue that fed…

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