Manufacturers group sues Treasury, Customs over substitution drawback rule

The National Association of Manufacturers this week filed suit against the Treasury Department and Customs and Border Protection over a recently implemented rule they say bans “substitution drawback,” a program which allows importers to recoup paid tariffs or taxes if they export similar products. According to NAM, the administration’s ban on substitution drawback is a violation of the Administrative Procedures Act and ignores Congress’ intent in the Trade Facilitation and Trade Enforcement Act of 2015. “The Rule flouts the statute,...