Harmonized System (HS) Tariff Reduction

International trade specialists offer manufacturers practical strategies to alleviate the cost and regulatory risks imposed by tariffs.

If your company is facing challenges related to import duties and HS tariffs, Baker Tilly can help substantially reduce – or fully eliminate – such pressure. Prepare your business today to compete globally tomorrow.

    Our solutions

    Significant duty and tariff increases imposed by key world economies have applied considerable pressure on companies that rely on global trade to conduct business. For many manufacturers and distributors, these added costs threaten the viability of the business itself — seemingly with no solution in sight.

    Import duties and tariffs levied on your company, when not properly addressed, can negatively impact profit margins and effectively restrain its ability to profitably operate. Starting with an HS code classification assessment, Baker Tilly’s clients benefit from the proprietary process, extensive trade experience and unique analytics platform proven to REDUCE or even ELIMINATE import tariffs.

    Improvement in import duties and tariffs:

    Our understanding of import duties and HS tariffs allows us to provide a high level of support in a way that is custom to the pace of need, investment and urgency of each organization.

    A preliminary assessment of issues and gaps could provide a directionally focused mitigation plan. If you want to nearly future-proof your operations against duties, tariffs and rising trade tensions, connect with our team today for a complimentary assessment.

    An extensive roster of services for importers and manufacturers:

    • Tariff reduction viability assessment 
    • Customs compliance and cost reduction health checks 
    • Duty reduction support 
    • Tariff classification and correction support 
    • Product- and sector-specific performance benchmarking 
    • Supply chain analysis and improvement support 
    • Export controls assessment and verification 
    • Country-specific risk assessments 
    • Design and implementation of a compliance framework 
    • Compliance program implementation 
    • Global trade compliance training and change management support 
    • Global trade audits and audit assistance 
    • Managed services and ongoing compliance support 

    Reducing import tariffs means more competitive positioning, higher revenue, and better margins for a US manufacturer in Brazil
    Sep 26Case Study

    Reducing import tariffs means more competitive positioning, higher revenue, and better margins for a US manufacturer in Brazil

    Trade tensions prompted many of accounting firm Baker Tilly’s 4,500 midsized manufacturing clients to switch gears. Instead of searching for ways to sell more products overseas, clients now want help mitigating trade tariffs.