Inverted Tariff / Manufacturing: Reduce Your Customs Duties

FTZ Academy / Inverted Tariff / Manufacturing: Reduce Your Customs Duties

If your company manufactures products in the US but uses components from outside the US, you can reduce your customs duties by up to 50% by assembling the finished products in a Foreign Trade Zone (FTZ) in the US. This is known as the inverted tariff or manufacturing program. ITC Diligence International Inc. can help guide you through the process and take full advantage of this program.

What are the benefits of the inverted tariff program?

• Reduces customs duties: The inverted tariff program can reduce your customs duties by up to 50%, which can save your company a significant amount of money.
• Increases profitability: By reducing your customs duties, you can increase your profitability and reinvest those savings into your business.
• Streamlines your manufacturing process: The inverted tariff program can streamline your manufacturing process by allowing you to finish your products in the US, rather than shipping them back and forth between the US and other countries.
• Boosts the economy: Taking advantage of the inverted tariff program can help boost the economy by creating jobs and increasing revenue.

By working with ITC Diligence International Inc., you can ensure that your company is enjoying the benefits of the inverted tariff program. ITC Diligence International Inc. has the expertise and experience to guide you through the process and ensure that you are in compliance with all customs regulations.

With ITC Diligence International Inc.’s help, you can reduce your customs duties, increase your profitability, and streamline your manufacturing process, all while contributing to the growth and success of the US economy. Contact us today to learn more about how the inverted tariff program can benefit your business.