Filing for duty drawback with U.S. Customs and Border Protection (CBP) remains one of the most complex and time-consuming processes for American shippers, but it has become easier during the past year ...
Customs duty drawback has long been recognized as a lawful means by which importers may reduce the realized impact of tariff duties on imported items. United States Customs and Border Protection (“CBP ...
Flexport recently spotlighted how technology can help unlock larger duty drawback refunds, urging companies to rethink how they manage claims. In a recent webinar, Tim Vorderstrasse, Flexport’s head ...
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How Duty Drawback Can Revolutionize Global Trade
With the global trade landscape in flux, exporters must contend with changing tariffs, complex trade agreements, and uncertain supply chains. Fortunately, amid this turmoil, there’s a largely untapped ...
As Republicans now look to build on the success of President Trump’s tax cuts with a second reconciliation bill, protecting duty drawback should remain a priority for Congress as it aims to grow our ...
Americans are not in a good mood this month after cutting big checks to the IRS, thanks to a complicated and unfair tax code. There is a feeling that large corporations and rich individuals know how ...
Rising tariffs and trade enforcement are reshaping the economics of international e-commerce. For brands importing into the U.S. and shipping globally, duty costs have climbed significantly—especially ...
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