If your company imports goods into the United States, you may be sitting on a significant refund you’ve never claimed. Duty drawback — a U.S. government program that refunds up to 99% of import duties ...
Opinions expressed by Digital Journal contributors are their own. While many business leaders prioritize cost control, forecasting, and risk mitigation, they often neglect customs refunds as a source ...
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 global trade tensions swirl around us, it’s a good time to highlight one of the seldom discussed features of the U.S. trade environment: duty drawbacks. Many of the tariffs charged on imported ...
In international trade, one of the best-kept secrets is also the most expensive: over $10 billion in refundable tariffs goes unclaimed each year. Despite being legally entitled to recover these funds, ...