Tariff mitigation strategies for SMB importers, ranked by typical impact: (1) USMCA qualification on Mexican/Canadian production, (2) classification audit, (3) supplier shifts (China to Vietnam, Mexico, India), (4) FTZ activation for high-volume, (5) drawback program for exporters, (6) IEEPA and other refund recovery, (7) tariff engineering on specific products.

This guide covers Tariff Mitigation Strategies. Strategic tariff work spans sourcing decisions, scenario planning, and supply chain design.

Practical implementation depends on company size, sector, and operational structure.

Highest-impact strategies

USMCA qualification on cross-border production. Classification audit on high-volume SKUs. Supplier shifts away from China.

Medium-impact strategies

FTZ activation, drawback program for active exporters, refund recovery on past imports.

Specialized strategies

Tariff engineering, First Sale for Export valuation, Section 232 product petitions.

Sequencing for SMBs

Start with classification audit (lowest cost). USMCA qualification next (highest impact). FTZ and drawback for high-volume. Tariff engineering for specific opportunities.

Frequently asked questions

When does this apply?

Most relevant for SMB importers facing the named situation or considering the named strategy.

What documentation is needed?

Standard CBP forms plus topic-specific records.

What is the timeline?

Initial assessment 2-4 weeks; complex implementation 8-16 weeks.

What does this cost?

Project work typically $5,000-$25,000. Ongoing retainer for active operations.

How do I begin?

Book a 15-minute scoping call. We confirm fit before any engagement.

Get started

Engage on supply chain or strategy work. Project pricing varies by scope.

About the author

Kyle Peacock is the Principal of Peacock Tariff Consulting, an independent tariff and customs advisory firm serving SMB importers across the U.S., Canada, the U.K., and the E.U. He has been quoted in Forbes, CNN, The Washington Post, BBC, CBC, CTV, Financial Post, Nasdaq, Supply Chain Brain, and Harvard Business School publications. Connect on LinkedIn.