Decoding the New Section 301 Tariff Rules
New tariffs introduce a complex web of country-specific exemptions and HTS classifications that could significantly increase compliance work for sourcing
Tariffs
/ The new tariffs are not simply an added cost. They are a variable cost that will be very difficult to predict.
Section 301 tariffs threaten to add one more layer of complexity to an already complex trade environment.
What makes these tariffs more challenging for importers is that they can be modified by the USTR at any time. That adds one more variable to cost planning.
The question brands are starting to consider is how to protect margins in what could potentially be a very volitile and costly era in apparel sourcing.
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