Newsletter | Jan 2024

Jack LaMadeleine • January 1, 2024

We are excited to announce our first monthly newsletter! Our goal of this new endeavor is to keep our clients and the companies in our network up to date with all information regarding drawback, CBP and more!

ITM Newsletter | Jan 2024

TOP NEWS

The Coalition for GSP (General System of Preferences), which includes 100 advocates, met with over 115 members of the House and Senate in December to reiterate the importance of the renewal and why it is so important to industry development in the United States.


GSP expired on 12/31/2020 and has not yet been reinstated. When active. GSP allows for duty-free entry into the U.S. for over 3500 different HTS codes from 119 developing countries.

WHAT'S HAPPENING AT ITM?

This year, ITM celebrates 40 years as a leading duty drawback provider. Established in 1994, ITM is thankful to the hundreds of companies that have and continue to entrust us to manage their drawback and classification needs.

FROM CBP

CBP announced changes to the Merchandise Processing Fees for fiscal 2024. Effective 10/1/2023, the ad valorem rate of 0.3464% did NOT change.


The MPF minimum changed from $29.66 to $31.67 and the maximum changed from $575.35 to $614.35

Get actionable advice on cost-saving strategies that boost your bottom line.

Subscribe here:


landmark Supreme Court ruling
By Jill LaMadeleine March 3, 2026
IEEPA tariffs ruled illegal by the Supreme Court — CBP has stopped collecting. New Section 122 duties are now in effect. Here's what importers need to know.
Jewelry TV Duty Drawback
By Jill LaMadeleine February 17, 2026
JTV cut duty drawback workload 50% after switching to ITM. See how Jewelry Television recovered a near-complete backlog and transformed their entire process.
PEM America
By Jill LaMadeleine February 4, 2026
Ed Greenberg, Managing Director of PEM America, explains the hundreds of thousands of dollars his company recovered through duty drawback.
The Supreme Court will soon decide whether IEEPA tariffs are legal
By Jill LaMadeleine January 27, 2026
Supreme Court will soon rule on IEEPA tariffs. Learn the 3 steps importers must take now to protect refund rights before liquidation deadlines pass.
Detailed analysis of a duty-free classification for video prints.
By Jill LaMadeleine January 19, 2026
$450K in duty refunds realized through a detailed analysis and evaluation of duty-free classifications made by International Tariff Management.
SCOTUS to Rule on Reciprocal Tariffs
By Jill LaMadeleine January 6, 2026
January 2026 trade update: OBBBA targets tobacco drawback, Section 232 delayed, reciprocal tariffs still eligible for refunds. Plus: why 2026 is enforcement year.
2025-a-year-of-change-and-vigilance
By Jill LaMadeleine December 9, 2025
2025 began with the promise and the introduction of sweeping, high tariffs on nearly all imports. While there was a transition to a two-tiered system including broad tariffs and country-specific rates, the mid-year brought pauses, renegotiations, and recalibrations.
Jewelry Manufacturing
By Jill LaMadeleine November 14, 2025
The benefits that we realized working with International Tariff Management was that they made the process seamless from beginning to end.
Supreme Court of the United States
By Jill LaMadeleine November 4, 2025
Oral arguments are scheduled to begin this week with the Supreme Court in regards to the Reciprocal Tariffs - starting Wednesday November 5, 2025.
International Containers
By Jill LaMadeleine October 13, 2025
The Supreme Court, which resumed on October 6th, has agreed to hear the case in regards to the reciprocal-tariffs (IEEPA), on an expedited basis.
Satellite manufacturer claims reciprocal duties on goods launched into space
By Jill LaMadeleine September 15, 2025
By leveraging the option to claim drawback on items launched into space, the importer was able to recover substantial funds — and cover these unexpected costs which they in turn did not have to pass along to their manufacturing partners.
Reciprocal Tariffs
By Jill LaMadeleine September 9, 2025
The latest on the reciprocal tariffs have them hanging in the balance. On August 29, 2025, the U.S. Court of Appeals for the Federal Circuit, affirmed a lower court decision finding that the reciprocal tariffs exceeded presidential authority under IEEPA. The court stayed its mandate until October 14, 2025, giving the g
Under the Enforce and Protect Act (EAPA), USCBP Officers investigate and halt duty evasion.
By Jill LaMadeleine August 15, 2025
The Department of Justice (DOJ) has officially elevated trade and customs fraud—including tariff evasion—to its #2 enforcement priority. This shift is part of a broader strategy under the Trump administration to enforce high tariffs and ensure accurate revenue collection.
EU-US Trade ealD
By Jill LaMadeleine August 4, 2025
On July 27th, the Trump Administration announced a deal with the EU imposing tariffs of 15% on most goods entering the US from Europe. As of August 1st, the 15% blanket tariff will cover most US imports. The US will have a 0% tariff for some items including equipment for US manufacturing and generic medicines.
trade agreement with Vietnam
By Jill LaMadeleine July 8, 2025
Last week, it was announced that the U.S. had reached a preliminary trade agreement with Vietnam. The agreement involves a 20% tariff on Vietnamese goods.
Importer of Yogurt
By Jill LaMadeleine June 18, 2025
The American company reached out to ITM for guidance. They were pleased to learn that under U.S. Customs regulations, they could file for duty drawback—a refund of duties paid—on expired and destroyed goods. Within just four months, ITM had successfully obtained the required authorizations and filed all claims related to the product destructions. Due to ITM’s relationship USCBP, and their expertise, over $850,000 in duty refunds was recouped.