Eric Kulisch
Friday, August 16, 2024
Wisconsin importers pay $10M to settle customs fraud case
Two Midwest importers have settled a customs fraud case with the U.S. government for $10 million.
Two Midwest importers have settled a customs fraud case with the U.S. government for $10 million.
U.S. Customs and Border Protection said the 73% collected-duty increase over last year was mostly the result of ongoing punitive import duties on steel, aluminum and Chinese goods.
The NCBFAA proposes amending the U.S Bankruptcy Code to allow “subrogation” rights for customs brokers who have paid duties to the U.S. government on behalf of a bankrupt importer.