How to deal with tariffs? Tariffs have always been around but current trade policy makes understanding them more important than ever. Designed for personnel in purchasing, supply chain, finance, or general management this book gives a detailed yet jargon free explanation of how US tariffs work, how you can negotiate supplier increases due to tariffs, and how your firm can understand the basics of the tariff regime. Includes the basics of HTS codes, classifications, tariffs, exclusions, duty drawbacks, and the details of how tariff costs can be passed on to customers.This book is a basic introduction and not a step-by-step import/export guide.
The 2nd edition released in 2025 covers new topics raised by the new tariffs as well as guides tariff classification for products both for general tariffs as well as both rounds of Section 301 tariffs against China.