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ARTICLE · 11 APRIL 2024

Trade Matters - April 2024

Lowenstein Sandler LLP
Lowenstein Sandler LLP
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Lowenstein Sandler LLP

Lowenstein Sandler LLP

Lowenstein Sandler LLP is a national law firm with over 400 lawyers based in New York, Palo Alto,...

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Lowenstein Sandler's Global Trade & National Security Newsletter.

United StatesInternational Law
Doreen Edelman
Doreen Edelman
Laura Fraedrich
Laura Fraedrich
Abbey Baker
Abbey Baker
Andrew Bisbas
Andrew Bisbas
Christian Contardo
Christian Contardo
Jeffrey Jones
Jeffrey Jones
Kei Komuro
Kei Komuro
Megan Bodie
Megan Bodie

1. Enforcement Roundup–CBP, OFAC, and FCPA

  • Ford Motor Company Agrees to $365M Settlement for Attempted Tariff Engineering
     Ford has agreed to settle the long-standing dispute over the tariff classification of vans imported from 2009 to 2013. At the time, Customs and Border Protection (Customs) assessed duties on cargo vans at the rate of 22.5 percent. To avoid this high rate, Ford installed rear seats and other temporary features to make the vans appear to be passenger vehicles. After the vehicles cleared Customs, Ford removed the rear seats and restored the vehicles to their original form as two-seat cargo vans. The government alleged that during the same period, Ford also undervalued the cargo vans to reduce tariffs. The $365 million settlement, one of the largest in recent history, resolves allegations brought by the Department of Justice (DOJ) after an investigation coordinated with Customs.

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