Customs Tariff Impact Assessment
for US-EU/UK Trade Tensions
Recent US–EU trade agreements have adjusted some tariff conditions, but the broader environment remains complex and unpredictable. For many businesses, a Customs Tariff Impact Assessment is essential to navigate ongoing regulatory challenges, sector-specific duties, and compliance risks that continue to affect supply chains and increase costs across industries such as manufacturing, food products, automotive, and consumer goods.
This assessment helps clarify how these trade dynamics influence your landed costs and supply strategies. It offers practical insights to manage tariff exposure while supporting compliance.
We break down the key risk areas and highlight actionable strategies tailored to your operations and industry.
1. Assessing Tariff Impact
We provide clear insight into how current and proposed tariffs apply to your products and supply routes. Through detailed cost simulations, we model landed costs across sourcing and duty scenarios.
The assessment also identifies opportunities to restructure shipments, apply duty relief mechanisms, and leverage relevant Free Trade Agreements or preferential programs to reduce exposure.
2. Tariff Review
We examine your customs exposure under US trade measures such as Section 232, Section 301, and IEEPA, focusing on:
- Validation of HTS codes and country of origin
- Identification of tariff application points
- Simulation of landed costs before and after tariffs
- Monitoring policy developments and updates following EU–US tariff agreements
Based on this, we create a tailored mitigation plan to lower tariff impact and ensure compliance.
3. Free Trade Agreement (FTA) Support
Qualifying for FTAs requires accurate documentation and compliance. Our support includes:
- Verifying origin qualification under USMCA, EU, and UK FTAs
- Preparing supplier declarations and preferential origin statements
- Conducting compliance risk reviews to ensure audit readiness
4. Valuation Review
Optimising customs value declarations can reduce duties legally. We assess your valuation methods, including:
- Incoterms, additions, and deductions
- First Sale for Export methodology
- Proper structuring of assists, commissions, and royalties
- Alternative valuation methods where relevant
5. Relief and Suspension Strategies
Customs programs can delay or reduce duty payments. We provide guidance on:
- Use of U.S. Foreign Trade Zones (FTZ)
- Temporary admission and inward processing relief
- Eligibility for tariff quotas and re-routing strategies
- Application of exclusions and end-use authorizations
6. Classification Strategy
Classification influences duty rates beyond just accuracy. We assist by:
- Assessing alternate HTS codes based on use, composition, or function
- Identifying tariff-shifting opportunities through product processing or assembly
- Preparing supporting documentation to defend classifications
For businesses affected by current or upcoming tariffs, a customs tariff impact assessment clarifies exposure, evaluates strategic options, and supports compliant, cost-effective trade decisions.