“The duty drawback program is one of the longest-standing trade mechanisms in the United States, having been established in 1789,” said Kimberly Foley, Executive Director of TA. “Its core function is ...

A relatively less-known tax mitigation provision called the US Duty Drawback program allows US-based automakers to recover the import tariff paid on vehicles manufactured abroad, as per a new report.

Rising tariffs and trade enforcement are reshaping the economics of international e-commerce. For brands importing into the U.S. and shipping globally, duty costs have climbed significantly—especially ...

As Republicans now look to build on the success of President Trump’s tax cuts with a second reconciliation bill, protecting duty drawback should remain a priority for Congress as it aims to grow our ...

Ending the duty drawback program would cost tobacco growers in that state alone up to $100 million annually, an economic hit that will ripple nationwide. Independent studies from the U.S.