Photo by Avigator Thailand/Shutterstock.com US-China Trade War Spurs New Interest in First Sale Rule
Established 30 years ago through litigation, the rule, when leveraged properly, can help certain businesses reduce custom duties on imports, according to international trade lawyers. But they caution that the rule isn't a loophole for avoiding tariffs under the Office of the U.S. Trade Representative's Section 301.
January 18, 2019 at 05:12 PM
5 minute read
While it's been around for several decades, the first sale rule appears to be generating renewed interest as an option to potentially lessen the impact of tariffs on Chinese goods imported into the U.S.
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