What 10-20% Universal Import Tariffs Mean for Your Business

Navigating the New Tariff Landscape  I’ve been keeping a watch on how proposed universal import tariffs—ranging from 10% to 60%—may impact businesses in major ways. Unlike country-specific tariffs that target particular nations or industries, these new tariffs apply broadly and…

Potential Mexican and Canadian Tariffs: Top-Line Insights & How Businesses Can Adapt

In the intricate realm of international trade, importers shoulder the responsibility of ensuring compliance with a plethora of regulations enforced by U.S. Customs and Border Protection (CBP). Central to this obligation is the concept of exercising “reasonable care.” Here I’ll explore the significance of reasonable care for importers, its role in import compliance, and strategies for implementation.

Considerations for Diversifying Supply Chains in Uncertain Times

In the intricate realm of international trade, importers shoulder the responsibility of ensuring compliance with a plethora of regulations enforced by U.S. Customs and Border Protection (CBP). Central to this obligation is the concept of exercising “reasonable care.” Here I’ll explore the significance of reasonable care for importers, its role in import compliance, and strategies for implementation.