CUSTOMS QUESTION OF THE MONTH with Licensed Customs Broker, Jessica Parks Nov. 2020 Q: Are 301 tariffs eligible for duty drawback? A: Yes, However Duty drawbacks, or refunds, of these duties can only occur under specific circumstances. Your goods are eligible for duty drawback if, after being imported into the U.S., they are subsequently exported without ever entering U.S. commerce, OR they are legally destroyed … Read More
Record Import Volumes Set to Worsen West Coast Port Congestion
Peak Season is well underway and the Ports of Los Angeles and Long Beach are feeling the pressure. The increased congestion results in container delays, terminal yard closures, increased wait times, and equipment shortages. The chaos created by the sharp increase in early summer volume after months of unprecedented blank sailings has left Asia squandering for equipment and the U.S. without chassis. The combination of … Read More