As anyone working in the logistics and shipping industry knows, the major barriers to importing goods into the United States include duties, taxes, tariffs, and complying with certain government regulations. Luckily, there are ways that businesses can overcome these obstacles and stay competitive and compliant in the global marketplace.
Topics: Duty Drawback, Tariffs, Foreign Trade Zone
Importers who use Foreign Trade Zone (FTZ) sites to store regulated hydrofluorocarbons (HFCs) may be interested to learn the EPA has clarified that HFCs will be treated the same whether the cargo is entering/exiting an FTZ or if a consumption entry is being filed.[1] The HFC Phasedown went into effect November 2021.
Topics: Tradewin, Foreign Trade Zone, FTZ
