Customs brokerage case study
A family of brands dedicated to creating the highest quality of outdoor lifestyle products trusted Dunavant when they were faced with an extreme financial burden as an importer sourcing goods from China. Under Section 301 of the Trade Act of 1974, USTR initiated an investigation to determine whether China’s acts, policies and practices related to technology transfer, intellectual property, and innovation are unreasonable or discriminatory, and burden or restrict U.S. commerce. As a result, on September 24th, 2018, Section 301 Additional Duties on Goods Made in China took effect. Section 301 tariffs cover three groups of products, with a tariff rate of 25% for products in group 1 and group 2, and a tariff rate of 10% for products in group 3.
The USTR issued several exclusions to Section 301 beginning on December 28th, 2018. U.S. importers scrambled to find out if their commodities were eligible for exclusion from the excessive tariffs under Section 301. Dunavant Logistics Group subsidiary, John M. Brining, worked diligently with importers, examining closely all commodities eligible for exclusion.
John M. Brining’s team was successful in obtaining duty refunds estimated over $1M for their importers. One importer alone, received duty refunds of over $800K.