As a result of continued trade talks with China, President Trump announced that he will implement an additional 10% tariff on the remaining 300 billion dollars of goods being imported from China into the U.S. starting on Sept. 1, 2019. He recently implemented of 10% tariff on $200 billion worth of Chinese goods, in addition to earlier tariffs imposed on $50 …
When it comes to paying fees on imports, there is a difference between customs duty vs. tariff. They are both a type of tax imposed on products imported from another country into the United States. They are meant to protect United States industries from low-cost manufacturing that is done abroad and imported into the U.S. Below are definitions of customs …
Companies can reduce tariffs with FTZ Subzones. Utilizing Tri-Link’s ability to establish Subzone on private premises can benefit companies. Tri-Link has 30 years of experience and consulting services. This enables us to quickly access the potential for success and take the necessary steps to make it so. A Subzone is a single Foreign Trade Zone site designated for a special …
Foreign Trade Zone benefits are being used to combat the high cost of tariffs. As part of President Donald Trump’s “America First” economic policy, he has imposed new tariffs and could renounce free trade agreements. Tariffs are taxes the government can place on imported goods. Tri-Link consults customers on the positive impact of the Free Trade Zone (FTZ) program. Because …
