New or increased tariffs directly impact importers' costs and introduce risks to supply chains. Key risks include insufficient customs bonds, trade compliance violations, country of origin misrepresentation, transfer pricing issues, and valuation stripping. Proactively addressing these areas through compliance audits, financial planning, and consulting with trade specialists can help mitigate risks, reduce penalties, and ensure smoother business operations.
Originally Published by Crowe LLP, on 13 March 2025
Originally Published by Crowe LLP, on 13 March 2025
