“The duty drawback program is one of the longest-standing trade mechanisms in the United States, having been established in 1789,” said Kimberly Foley, Executive Director of TA. “Its core function is ...

As Republicans now look to build on the success of President Trump’s tax cuts with a second reconciliation bill, protecting duty drawback should remain a priority for Congress as it aims to grow our ...

Rising tariffs and trade enforcement are reshaping the economics of international e-commerce. For brands importing into the U.S. and shipping globally, duty costs have climbed significantly—especially ...

Ending the duty drawback program would cost tobacco growers in that state alone up to $100 million annually, an economic hit that will ripple nationwide. Independent studies from the U.S.

A relatively less-known tax mitigation provision called the US Duty Drawback program allows US-based automakers to recover the import tariff paid on vehicles manufactured abroad, as per a new report.

Flexport recently spotlighted how technology can help unlock larger duty drawback refunds, urging companies to rethink how they manage claims. In a recent webinar, Tim Vorderstrasse, Flexport’s head ...

(MENAFN- EIN Presswire) Flue-cured tobacco growers concerned that the House Reconciliation Bill threatens the majority of U.S. flue-cured demand. RALEIGH, NC, UNITED STATES, May 22, 2025 /EINPresswire ...