When it comes to these new tariffs,
many companies are confused and lost
about what to do.
WITH CITTA BROKERAGE, YOU CAN GET THOSE FUNDS BACK, EVEN FOR PAST EXPORTS.
We are the leading duty drawback specialists, and you gain full access to our skills when you work with CITTA. We take over the documentation, ensuring your drawback program is compliant, and you get every dollar you deserve.
SO, WHAT ARE 301 TARIFFS?
In 2017, in an effort to protect U.S. manufacturing and intellectual property, President Trump increased tariffs on Chinese imports. Initially, this move did protect the American economy, because companies no longer disclosed intellectual property just to gain access to a market. These tariffs reduced the U.S. – China trade and exchange frequency, through cost increase, export duties and other charges. Additionally, these tariffs apply to various imports from China to the USA such as chemicals, mechanical imports, aircraft engines, lasers, electromagnetics, etc.
Unfortunately, China did retaliate to this policy, by enacting 25% tariffs on $50 billion of U.S exports, making the cost of purchasing international goods much more expensive in both countries.
This devastated many businesses, but we can help you save money and stay compliant!
Schedule a consultation today to stop leaving tariffs at the border.
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