After the unfortunate collapse of the Francis Scott Key Bridge in Baltimore on March 26th, the world’s attention has turned to the critical role of the Port of Baltimore in the supply chain industry, especially in sectors like automotive. According to a recent report from the Government of Maryland, in 2023, the Port moved 847,158 cars and light trucks, maintaining its position as the top … Read More
Are 301 Tariffs Eligible for Duty Drawback?
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