To provide CPAs and other finance professionals with a clear understanding of current tariff rules, enforcement trends, and practical strategies for managing risk in global trade.

• Current status of US tariffs: Reciprocal, Fentanyl, Section 232, and Section 301
• Court rulings, appeals, and their impact on tariff enforcement
• Mitigation strategies: bonded warehouses, foreign trade zones, and valuation planning
• Transfer pricing considerations, including first sale and delivered duty paid (DDP) methods
• Legislative and political developments shaping tariff policy
   

Robert Leo, Partner, Meeks, Sheppard, Leo & Pillsbury LLP

To provide CPAs and other finance professionals with a clear understanding of current tariff rules, enforcement trends, and practical strategies for managing risk in global trade.

DETAILED LEARNING OBJECTIVES

• Identify the standard unit conversion for a barrel of crude oil

• Distinguish between tariff authorities, including those based on national security (Section 232)

• Recognize which tariffs were deemed unlawful by U.S. courts (CIT and CAFC)

• Describe the legal steps taken by the Administration in response to court rulings on tariffs

• List key mitigation strategies used to manage tariff exposure

• Explain common customs valuation methods, including the First Sale principle

• Understand the benefits of using Foreign Trade Zones (FTZs) and bonded warehouses for tariff management

• Identify political action strategies such as lobbying Congress and working through trade associations

• Current status of US tariffs: Reciprocal, Fentanyl, Section 232, and Section 301
• Court rulings, appeals, and their impact on tariff enforcement
• Mitigation strategies: bonded warehouses, foreign trade zones, and valuation planning
• Transfer pricing considerations, including first sale and delivered duty paid (DDP) methods
• Legislative and political developments shaping tariff policy

Robert Leo, Partner, Meeks, Sheppard, Leo & Pillsbury LLP