[NEWS]:Tariffs Killing Your Profit Margins? Duty Drawback Explained: with Ariana Cox

Are Hidden Tariff Refunds Sitting in Your Company's Blind Spot?

In this explosive episode of Simply Trade, host Annik and duty drawback expert Ariana Cox reveal a game-changing strategy that could save your business significant money amid escalating global trade tensions.

With Trump's new 25% automobile tariffs and increasing trade fragmentation, businesses are searching for financial lifelines. Enter duty drawback - a powerful yet often overlooked mechanism for recovering import duties, taxes, and fees.

🤝 Connect with Today's Expert: Ariana Cox LinkedIn: Ariana Cox Company: PAX Drawback Specialists Professional Focus: Duty Drawback & Trade Compliance Expert Contact Methods:

• LinkedIn Ariana Cox: https://www.linkedin.com/in/ariana-cox-lcb-60a13933b/

• Company Website: https://paxai.com/ 

Pro Tip: When contacting Ariana, have your import/export documentation ready for the most comprehensive initial review.

 

Key Insights:

1. Duty Drawback Decoded

• Definition: Refund of duties on imported goods that are subsequently exported or destroyed

• Covers multiple fees: Regular duties, harbor maintenance tax, merchandise processing fees

• Potential recovery across manufacturing, retail, and supply chain sectors

2. Customs Facilitation Act of 2025 Highlights

• Streamlines customs processes

• Accelerates duty refund procedures

• Introduces $20 de minimis threshold for claim discrepancies

• Eliminates prior approval requirements for certain drawback claims

Standout Quote: "With AI implementation, the barrier to entry into drawback has dropped. We can now help clients who previously couldn't get a broker's attention."

3. AI Revolution in Trade Compliance

• Reduces manual data entry errors

• Lowers barrier to entry for smaller businesses

• Enables more efficient drawback claim processing

Pro Tip from Ariana Cox: "The more times you have human interaction re-typing data, the more room for error. AI tools can extract data directly, ensuring accuracy."

Who Should Listen:

• Importers and exporters

• Manufacturing companies

• Supply chain managers

• Trade compliance professionals

Actionable Takeaway: Contact a specialized duty drawback broker for a free initial assessment. Potential savings could be significant, especially in high-tariff environments.

#TradeCompliance #DutyDrawback #ImportExport #AIinTrade #CustomsRefunds

Still Have Questions? Access Exclusive Resources Here ⏬

Recommended Resources:

Global Training Center Courses https://globaltrainingcenter.com/courses/ 

International Trade Compliance Webinars https://globaltrainingcenter.com/webinars/ 

Customs Broker Prep https://globaltrainingcenter.com/customs-broker-prep-course/ 

 

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Contact Us/ Suggest Topics

Contact: SimplyTrade@GlobalTrainingCenter.com

 

Credits:

Host: Annik Sobbing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/