In their recent New York Law Journal article, partners Bill Harrington and Annie Railton and associate Chenxi Jiao explain that US companies have been left to scramble for a strategy to manage increased customs duties in the wake of President Donald Trump’s “liberation day” and the repeated waves of increased tariffs comprising his so-called America First Trade Policy. For many companies, this is the first time that customs duties will be a significant worry in their business planning. This creates a ripe environment for risky decision-making or outright errors in tariff compliance: massively increased tariff duties, a shuffled supply chain, and senior executives navigating these issues without significant prior experience. Lurking behind the threat of administrative tariff enforcement by U.S. Customs and Border Protection is weightier law enforcement that carries its own set of risks: the U.S. Department of Justice.
Read the full analysis: “Tariff Evasion Draws Increased Federal Scrutiny” (New York Law Journal)
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Contacts
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William J. Harrington
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Anne E. Railton
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Chenxi (CC) Jiao
Associate