Take 3 — Correct HTS Classifications to Reduce Tariffs

By Mikah Wisner, Customs Services Director, DB Schenker Three ways tariff-engineering can help importers save money and boost their bottom lines. By providing duty rates for virtually every item that exists, the Harmonized Tariff System (HTS) provides duty rates for virtually every item that exists based on their material composition, product name, and/or intended function. […]