Legal Loophole Helps Businesses Navigate Rising Tariffs Effectively
Businesses are increasingly employing a clever strategy to mitigate the effects of tariffs. Known as the first sale rule, this legal quirk in U.S. customs law allows companies to lessen the financial impact of tariffs. Understanding this loophole can prove essential for businesses looking to maintain profitability during challenging economic times. This adaptive approach could provide significant advantages in response to the fluctuating trade policies implemented by government authorities.