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ARTICLE · 04 JANUARY 2008

The First Shall Be Last: US Customs Proposal Would Broadly Increase Tariffs On US Imports

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On January 24, 2008, the US Bureau of Customs and Border Protection proposed a technical change to a longstanding interpretation of US tariff law.

GlobalGovernment, Public Sector

Keywords: US Bureau of Customs, transaction value, series sale, first sale, last sale, tariffs, US tariff law, imports, US Imports, imported goods

Originally published January 30, 2008

Article by Simeon Kriesberg , Sydney H. Mintzer and Paulette Vander Schueren

On January 24, 2008, the US Bureau of Customs and Border Protection proposed a technical change to a longstanding interpretation of US tariff law. Without altering any tariff classifications or any tariff rates, the proposed technical change would raise the tariffs paid by many American import businesses and the costs faced by US consumers and industries that purchase imported goods. In opposing this Customs proposal, American businesses and American consumers may find common ground.

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