Lexington
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Trade Navigation Series- Import 101

Importing products into the United States from across the world can be a complicated process, and requires individuals to understand and follow certain laws and regulations. The last thing one wants to do is classify an imported product incorrectly which could result in delays, loss of product at the border, and/or additional duties or taxes.

Our half-day primer will provide attendees with understanding the obligations of the importer, harmonized tariff schedule (HTS) classification, tariff and tax calculations, valuation, international logistics, incoterms, payment, documentation, and more! We will also connect you to our network of local resources to help your company import, and get your product to the U.S. market.

This workshop includes:

  • Importer’s obligations
  • Harmonized Tariff Schedule (HTS) Classification
  • Tariff and tax calculation
  • Free Trade Agreements (FTA)
  • Valuation
  • Rules of origin
  • International logistics
  • Incoterms
  • Entry process
  • International payment
  • Documentation
  • Landed cost
  • Audits and enforcement
  • US Customs security programs

Best practice examples will be presented to ensure a cost-effective import operation!