How An Effective Trade Compliance Program Saves Money

Trade compliance programs save manufacturers of goods with overseas supply chains thousands of dollars in duties, fines, and penalties. According to a 2019 federal study, President Donald Trump’s tariffs and subsequent retaliation by targeted countries have resulted in higher costs for U.S. manufacturers. “The [study] results indicate that the tariffs, thus far, have not led to increased activity in the U.S. manufacturing.”.. Originally published in Industry Today, October 16, 2020....
By: Lowenstein Sandler LLP

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