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Industry coalition wants duty drawback restrictions nixed from NAFTA

April 24, 2017 at 10:48 AM
A coalition of 18 firms and business groups is pressing for the Trump administration to ensure restrictions on duty drawbacks are removed from NAFTA, arguing the provisions are outdated and harm U.S. manufacturers and exporters. Drawbacks typically allow a country to refund, reduce or waive all or part of a duty paid upon the importation of an article that is then subsequently exported, or used as an input in a product that is subsequently exported. Duty deferrals allow U.S. manufacturers...

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