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U.S. Customs and Border Protection has announced that specific commodities are excluded from the reciprocal customs duty rates as set up by Executive Order 14257. The commodities are defined by their HTSUS – commodity code, and the listed commodity codes cover mainly electronic devices, falling in chapter 84 and 85 of the Harmonized System. In this article, our Tax experts outline the announcement sent via the Cargo Messaging Service and highlight the key takeaways that your business should be aware of. Learn more here: https://okt.to/zoSX5F #AMon #Tax #Trade #Tariffs #HTSUS

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Matthias Luther

German tax lawyer | Building A&M's German Indirect Tax Practice | Passionate about e-commerce, digital business models and tax technology

6d

The simple, unilateral tariffs are starting to become complex (again). 😉

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