Trade Policy, Tariffs and Your Supply Chain
How the current trade policy/tariff changes could impact the world’s supply chains To say the current trade policy environment was in turmoil would be a major understatement. Of keen interest to any shipper that works with overseas trading partners and customers, issues like renegotiated trade agreements, steeper tariffs, and the thought of a full-blown trade […]
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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. […]
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