{"id":9785,"date":"2019-11-19T16:42:18","date_gmt":"2019-11-19T21:42:18","guid":{"rendered":"https:\/\/www.kenvictraining.com\/?p=9785"},"modified":"2019-11-20T11:53:21","modified_gmt":"2019-11-20T16:53:21","slug":"tariffs-turn-customs-brokers-into-heroes-for-importers","status":"publish","type":"post","link":"https:\/\/www.kenvictraining.com\/en\/blog\/tariffs-turn-customs-brokers-into-heroes-for-importers\/","title":{"rendered":"Tariffs turn customs brokers into \u2018heroes\u2019 for importers"},"content":{"rendered":"\n<ul class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><li class=\"blocks-gallery-item\"><figure><img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"338\" src=\"https:\/\/www.kenvictraining.com\/wp-content\/uploads\/2019\/11\/FWLIVECHI-Day2-Dedola-1-1-600x338.jpg\" alt=\"\" data-id=\"9786\" data-link=\"https:\/\/www.kenvictraining.com\/?attachment_id=9786#main\" class=\"wp-image-9786\" srcset=\"https:\/\/www.kenvictraining.com\/wp-content\/uploads\/2019\/11\/FWLIVECHI-Day2-Dedola-1-1-600x338.jpg 600w, https:\/\/www.kenvictraining.com\/wp-content\/uploads\/2019\/11\/FWLIVECHI-Day2-Dedola-1-1-510x287.jpg 510w, https:\/\/www.kenvictraining.com\/wp-content\/uploads\/2019\/11\/FWLIVECHI-Day2-Dedola-1-1-300x169.jpg 300w, https:\/\/www.kenvictraining.com\/wp-content\/uploads\/2019\/11\/FWLIVECHI-Day2-Dedola-1-1-768x432.jpg 768w, https:\/\/www.kenvictraining.com\/wp-content\/uploads\/2019\/11\/FWLIVECHI-Day2-Dedola-1-1.jpg 1200w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The ongoing U.S.-China trade war has illuminated the value that these intermediaries bring to properly classifying, clearing and paying duties on Chinese goods entering the country.<\/h3>\n\n\n\n\n\n<p>As a Southern California-based customs broker and freight forwarder, Stephen Dedelo, co-owner and chief information officer of&nbsp;Dedola Global Logistics, finds himself on the front lines of the ongoing U.S.-China trade war.<\/p>\n\n\n\n<p>The customs brokerage industry clears billions of dollars of imports that arrive in the U.S. from China each year. Most U.S. importers rely on customs brokers like Dedola Global to interface with Customs and Border Protection to clear their goods, pay any duties and maintain compliance with cross-border trade regulations.<\/p>\n\n\n\n<p>The Trump administration first began imposing tariffs on Chinese goods in February 2018. Multiple rounds later, that tariff amount has compounded to an estimated $550 billion on Chinese products. China has retaliated in kind with its own tariffs on U.S. goods.<\/p>\n\n\n\n<p>\u201cThe thing we\u2019ve had to do more than anything else is to become much more acquainted with duties and tariff laws,\u201d Dedola said during a FORUM Fireside chat with FreightWaves\u2019 Sirius XM Host John Kingston at&nbsp;FW LIVE&nbsp;in Chicago on Nov. 13. \u201cBefore, we had customers that had been declaring their freight in a particular way for many years and haven\u2019t had a reason to look at it.\u201d<\/p>\n\n\n\n<p>Dedola said this is where a customs broker\u2019s experience and knowledge of the import industry pays off.&nbsp;<br><\/p>\n\n\n\n<p>\u201cYes there is a problem, but how do we help our customers?\u201d he said. \u201cIt\u2019s an opportunity for customs brokers to come forward and be the hero for their customers.\u201d<\/p>\n\n\n\n<p>He said customs brokers \u201cthrive on chaos\u201d in cross-border trade.&nbsp;<\/p>\n\n\n\n<p>\u201cWe\u2019ve actually seen a boom in business because we\u2019re able to offer our customers insights into how to do things that they really never had to worry about before, and that is on how they\u2019ve been declaring their goods,\u201d Dedola said. \u201cAre they using the most advantageous classification? Usually, this would be left to the customs broker.\u201d<\/p>\n\n\n\n<p>Before the wide-scale imposition of U.S. tariffs on Chinese goods, some imported products had little to no duties assessed on them, but now those duties maybe 10-25% on the value of the imported goods.<\/p>\n\n\n\n<p>\u201cSo now you have to dig deeper into the tariffs,\u201d with the objective of finding classifications that are still correct but may be subject to lesser duties, Dedola said.&nbsp;<\/p>\n\n\n\n<p>\u201cThere\u2019s definitely this feeling that people are trying to educate themselves and to understand what their options are,\u201d he added.&nbsp;<br><\/p>\n\n\n\n<p>Since the U.S. tariffs have been in place, Dedola has not seen a major shift away from China as a source of U.S. imports for his customers, although some larger companies are exploring manufacturing in Vietnam and Malaysia.&nbsp;<\/p>\n\n\n\n<p>In July, Dedola visited his company\u2019s Shanghai office. He said the Chinese people feel like they\u2019re being attacked because the U.S. tariffs are negatively affecting their businesses and their customers. However, \u201cmost of what I\u2019m hearing is that companies are waiting it out\u2026 They feel that this is something that will pass,\u201d he said.<\/p>\n\n\n\n<p>Dedola remains \u201cpretty bullish\u201d about the U.S.-China trade in general for 2020.&nbsp;<\/p>\n\n\n\n<p>\u201cWe\u2019re doing things as a company that are more dynamic and looking at different ways of marketing ourselves,\u201d he said. \u201cBecause people have a lot invested in these trade lanes, they\u2019re not going to abandon them.\u201d<\/p>\n\n\n\n<p>This Article original from <a href=\"https:\/\/www.freightwaves.com\/news\/tariffs-turn-customs-brokers-into-heroes-for-importers\">FreightWaves.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ongoing U.S.-China trade war has illuminated the value that these intermediaries bring to properly classifying, clearing and paying duties on Chinese goods entering the country. As a Southern California-based customs broker and freight forwarder, Stephen Dedelo, co-owner and chief information officer of&nbsp;Dedola Global Logistics, finds himself on the front lines of the ongoing U.S.-China [&#8230;]\n","protected":false},"author":2948,"featured_media":9783,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[385,906],"tags":[95,108,981],"class_list":["post-9785","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-blog","category-international-logistics","tag-customs-brokers","tag-freight-forwarder","tag-u-s-china-trade-war","post_format-post-format-gallery"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/posts\/9785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/users\/2948"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/comments?post=9785"}],"version-history":[{"count":0,"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/posts\/9785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/media\/9783"}],"wp:attachment":[{"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/media?parent=9785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/categories?post=9785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kenvictraining.com\/en\/wp-json\/wp\/v2\/tags?post=9785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}