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Trade & Tariff Blog

Everything about tariff classification, regulations, and international trade.

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Import Taxes

Bonded Warehouses: How to Defer Import Duties and Store Goods Under Bond

Learn how bonded warehouses let you defer duty payments for up to 5 years. Understand warehouse classes, costs, advantages, and when to use one vs an FTZ.

9 minRead more
Import Taxes

Tariff Engineering: 7 Legal Strategies to Reduce Import Duties

Learn how tariff engineering legally reduces import duties through product design, sourcing strategies, and smart HS code classification. Save thousands on every shipment.

10 minRead more
Import Taxes

Incoterms 2020 Explained: How They Affect Import Duties and Customs Valuation

Learn how Incoterms 2020 impact your customs valuation, duty calculations, and total landed cost. Essential guide for importers and exporters.

10 minRead more
Import Taxes

Trade Finance for Importers: Letters of Credit, Open Account, and Payment Methods Explained

A comprehensive guide to import payment methods — advance payment, letters of credit, documentary collections, and open account — plus trade finance products like buyer's credit and supply chain financing, and how payment terms affect customs valuation.

11 minRead more
Import Taxes

US Free Trade Agreements: Complete List and How to Claim Duty Savings

The US has 14 free trade agreements with 20 countries. Learn which FTAs apply to your imports, how to claim preferential rates, and the duty savings available.

10 minRead more
Import Taxes

Harbor Maintenance Fee and Merchandise Processing Fee: The Hidden Costs of Importing

HMF and MPF add hundreds or thousands of dollars to every import shipment. Learn how these CBP processing fees are calculated, who pays them, what exemptions exist, and how they affect your landed cost.

9 minRead more
Import Taxes

How Currency Exchange Rates Affect Import Costs and Customs Valuation

Learn how CBP converts foreign currencies for customs valuation, which exchange rate applies to your entries, and practical strategies to manage exchange rate risk on import duties.

10 minRead more
Import Taxes

AGOA: How the African Growth and Opportunity Act Benefits US Importers

Learn how the African Growth and Opportunity Act (AGOA) provides duty-free access for thousands of products from sub-Saharan Africa. Understand eligible countries, covered products, textile special rules, how to claim benefits, and the AGOA renewal debate.

10 minRead more
Import Taxes

Understanding Assists in Customs Valuation: When Free Materials Increase Your Duties

Learn what assists are under 19 USC 1401a(h), the five types of dutiable assists (materials, tools, molds, engineering, design), how to value and apportion them, and CBP reporting requirements to avoid penalties.

10 minRead more
Import Taxes

Understanding the First Sale Rule: How to Lower Your Customs Valuation Legally

Learn how the first sale rule lets importers use the manufacturer-to-middleman price instead of the middleman-to-importer price as customs value, legally reducing import duties in multi-tiered transactions.

9 minRead more
Import Taxes

Understanding the Miscellaneous Tariff Bill (MTB): How It Reduces Import Duties on Specific Products

Learn how the Miscellaneous Tariff Bill provides temporary duty suspensions and reductions for specific products, the ITC petition process, and how importers can benefit.

10 minRead more
Import Taxes

How Tariff Rate Quotas (TRQs) Work: Accessing Lower Duty Rates for Specific Products

Understand Tariff Rate Quotas (TRQs) — how in-quota and over-quota duty rates work, which products have TRQs, how USDA and USTR administer allocations, and how importers can apply for lower tariff rates on sugar, dairy, beef, cotton, and tobacco.

9 minRead more
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