“The duty drawback program is one of the longest-standing trade mechanisms in the United States, having been established in 1789,” said Kimberly Foley, Executive Director of TA. “Its core function is ...

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 ...

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 ...

While many business leaders prioritize cost control, forecasting, and risk mitigation, they often neglect customs refunds as a source of working capital. Today, global trade strategists and customs ...

A relatively less-known tax mitigation provision called the US Duty Drawback program allows US-based automakers to recover the import tariff paid on vehicles manufactured abroad, as per a new report.

Volvo Cars and EV startup Polestar will be tapping into an old U.S. trade program to import Chinese vehicles at a lower cost, giving the Swedish brands a competitive leg up. By using the U.S. duty ...

On August 23 rd the U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”) struck down federal regulations restricting refunds on export taxes and restricting beer and wine manufacturers ...