Tariffs Over the last several years, tariffs have become a permanent part of the supply chain landscape. What changes is how they're applied. This week's developments around Section 232 adjustments, ongoing Section 301 reviews, and potential reductions on certain Chinese imports are another reminder that tariff policy remains a moving target. Some duties are being Read Insight
53 million entries. One chance to get it right. The refund is obvious. The additional recovery opportunities? That’s where companies are leaving money on the table. According to GAIA Dynamics study, U.S. Customs and Border Protection (CBP) is working through more than 53 million entries across over 330,000 importers, representing approximately $166 billion in Read Insight
As the 2024 presidential election approaches, trade policies and tariffs are shaping up to be key issues that could significantly impact supply chains and business costs. This week's presidential announcement where Biden called for increased tariffs on China EVs, EV components, metals, medical products, and more. This is an addition to the administrations previous Read Insight
As the 2024 presidential election approaches, trade policies and tariffs are shaping up to be key issues that could significantly impact supply chains and business costs. In light of this week's presidential announcement where Biden called for increased China tariffs, knowing how to navigate these pitfalls by implementing diversification and contingency plans is key. Read Insight
Trade has not been a front burner issue within the 2024 election year echo-chamber, which has focused on immigration, the wars in Ukraine and Gaza, Russia, and inflation. However, inflation is related to tariffs, especially with the West's reliance on China. Intuitively, in an environment where an administration is focusing on reducing inflation, applying Read Insight
Way back in 2018, tariffs and duty costs became top of mind for importers. Prior, those costs were relegated to afterthoughts and the "cost of doing business" when importing products, especially from China. Today, the magnitude of the increases in tariffs (the 301, or "Trump" Tariffs) created added focus with a variety of supply Read Insight
