Why Trade Compliance Audits Matter for Your Business A trade compliance audit is a structured examination conducted by government agencies like U.S. Customs and Border Protection (CBP) or the Canada Border Services Agency (CBSA) to verify that importers and exporters...
Why HS Codes are Music to a Shipper’s Ears HS code for musical instruments is primarily found in Chapter 92 of the Harmonized System, which covers “Musical Instruments; Parts and Accessories of Such Articles.” Here’s a quick reference for the...
Why Understanding China Duty Impact Matters More Than Ever China duty impact refers to the economic consequences of tariffs on US-China trade, affecting import costs, supply chains, and consumer prices. The landscape has transformed since 2018, evolving from a focused...
Understanding Tariffs: What They Are and Why They Matter A tariff is a tax imposed by a government on imported goods, paid by the importer when products cross international borders. These taxes can be a fixed amount or a percentage of the product’s value and...
Understanding the Current State of China Tariffs China tariffs are a significant challenge for US businesses with overseas manufacturing. Here’s a quick overview: Key Facts About China Tariffs: Section 301 tariffs range from 7.5% to 100% on over $300 billion of...
