Tag: Peacock Tariff Consulting
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Peacock Tariff Consulting | Insights for U.S. Importers The Refund Opportunity Most Importers Are Missing For most U.S. importers, the duties paid at the border feel like a closed chapter. The entry is filed, the broker invoices clear, and the goods move on into the supply chain. What very few companies realize is that those…
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The Reciprocal Tariff Era Reciprocal tariffs mirror the rates other countries impose on U.S. exports. In practice, they have created a complex, multi-layered environment that changes frequently and affects different products and countries differently. Current State of Reciprocal Tariffs Actions have been taken against a broad range of trading partners under several legal authorities. Some…
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Compliance Is a Team Sport Every employee who touches an import transaction plays a role in compliance. Training transforms your organization from one depending on a single point of expertise into one where compliance awareness is distributed across every function. Who Needs Training Executive leadership: legal framework and ROI of compliance. Procurement: how decisions affect…
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The Price on the Invoice Is Not the Cost By the time goods reach your warehouse, additional costs have been added: freight, insurance, customs duties, processing fees, broker fees, inland transportation, and more. Many importers either do not calculate landed cost or calculate it incorrectly. Components of Landed Cost Product cost (varies by Incoterms), international…
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Origin Matters More Than You Think Country of origin affects duty rates, eligibility for preferential treatment, applicability of trade remedy duties, admissibility under import restrictions, and marking requirements. Getting origin wrong can raise suspicions of transshipment or evasion. Two Origin Frameworks Non-preferential origin uses the substantial transformation test. Preferential origin uses agreement-specific rules. A single…
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The Surtax Storm Canada’s retaliatory surtaxes add substantial duty burdens to a wide range of U.S.-origin products entering Canada. Products that previously entered duty-free under CUSMA now carry surtax rates that fundamentally change the economics of the purchase. Understanding Canada’s Retaliatory Surtax Framework The surtax applies based on country of origin, not country of shipment.…
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Tariffs as a Supply Chain Risk Factor When tariff rates can change by 25 percentage points in weeks, tariffs become a dynamic risk factor demanding the same attention as any other supply chain threat. Tariff risk is driven by identifiable political and economic forces that can be anticipated and managed. Identifying Your Tariff Risk Exposures…
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A Bilateral Relationship Under Strain Retaliatory tariffs and surtaxes imposed by both governments have disrupted supply chains, increased costs, and created unprecedented planning uncertainty for businesses on both sides of the border. Understanding the Current Tariff Landscape U.S. actions include Section 232 tariffs on steel and aluminum, broader IEEPA tariffs, and reciprocal measures. Canada has…
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Moving from Reaction to Anticipation A tariff impact assessment is a structured analytical exercise that quantifies your current tariff exposure, models the impact of potential changes, and identifies strategic options for mitigation. Think of it as a stress test for your supply chain’s tariff resilience. What a Tariff Impact Assessment Involves Current state analysis quantifies…
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Trading with Ukraine: Customs, Duties & Compliance in a Wartime Economy Ukraine’s customs and trade environment operates under extraordinary circumstances: an active military conflict, reconstruction priorities, and unprecedented international support frameworks. For importers and exporters engaging in Ukraine trade, understanding customs procedures, duty structures, martial law trade measures, sanctions, and logistics challenges is essential. This…