TradeLane

The world of U.S. customs compliance is experiencing a seismic shift. With the imposition and expansion of Section 232 tariffs alongside other punitive duties, importers are now managing a complex web of financial and administrative requirements. The old way of managing entry is simply obsolete. To secure compliance and shield your profit margin, the CBP Reconciliation Program has evolved from an option to a core, necessary element of a modern trade strategy.

Global trade compliance is complex, resource-intensive, and constantly evolving. For many organizations, maintaining an in-house compliance team to execute operational functions isn’t always practical. That’s where Tradewin’s TradeDesk comes in.

 Trade Compliance in the US as a function has gone mainstream as tariff policy has led to increased duty exposure and added complexity to entry rules across industries. Companies now more than ever are focused on maintaining their compliance posture while compliantly avoiding and recovering duty payments wherever possible. 

The automotive industry relies heavily on the global flow of parts and components, making accurate classification within the Harmonized System (HS) critical. This complex system of names and numbers dictates tariffs and facilitates international trade, but its intricacies can be highly challenging for automotive products.

Differences that seem minor in a part description may lead to exponentially different classifications and, as a result, wildly varying duty rates. These differences can have significant financial implications for automotive businesses, impacting everything from production costs to final vehicle pricing.

Following the inauguration of the new administration on January 20th, 2025, there has been significant movement in both statements and confirmed actions that have an impact on trade.