Resources
Export Guide
Policy Updates
Strategies to Mitigate Increased Tariffs
February 13, 2025
This guide outlines several strategies for businesses to manage and mitigate the impact of increased tariffs on imported goods. It covers three main approaches:
- Avoiding tariffs through the use of ATA Carnet, tariff engineering, special classification provisions, the country of origin, free trade agreements, the Miscellaneous Tariff Bill, De Minimis shipments, and China exclusions
- Mitigating tariffs with first sale valuation, duty deferral in foreign trade zones, and product valuation adjustments
- Recovering paid tariffs through refunds, transfer pricing, and post-entry procedures