Mollie Sitkowski Comments on Ever-Changing Tariffs in Bloomberg Law
Government and regulatory partner Mollie Sitkowski commented on the difficulty of keeping up with changing tariffs in Bloomberg Law.
The article states that, after months of trying to keep up with quick-changing rules, the importers-of-record that actually pay tariffs worry about penalties and surprise bills that can run into the millions of dollars. For many, it’s impossible to know where and when to send their next purchase orders, much less plan capital investments.
Sitkowski explained a situation in which a one of her clients now owes several million dollars from taking an exemption they didn’t know they were taking because customs software accepted entries it wasn’t supposed to.
“Customs didn’t keep up with it, the broker didn’t keep up with it and the importer didn’t even know it was happening,” she said. “Then at the end of May, customs comes back and says ‘you owe this money.’”
The full article is available to Bloomberg Law subscribers.