New Executive Order Eases Tariff Burden on Certain Cumulative Tariffs

Trade Translation, Word from the White House
New Executive Order Eases Tariff Burden on Certain Cumulative Tariffs

On April 29, President Trump signed an Executive Order aimed at easing tariff pressures on specific duties that “stack” and resulted in cumulative tariffs that exceeded intended policy goals.  This executive order is specific to only those proclamations or executive orders specifically addressed in that notice.  It does not apply to the tariffs applied to…

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The Price of Misclassification is Rising—Is Your Strategy Risk-Proof?

Trade Translation
The Price of Misclassification is Rising—Is Your Strategy Risk-Proof?

Amid ongoing tariff fluctuations, many importers are reassessing their Harmonized Tariff Schedule (HTS) classifications with greater care. As duties shift and enforcement tightens, the pressure to classify goods accurately—while minimizing costs—has never been higher. However, pursuing lower duty rates through classification carries both legal and financial risks. Understanding the Legal Landscape Importers are legally required…

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