At a glance
- The main takeaway: Ford Motor Company was accused of misclassifying imported merchandise to reduce import duties, resulting in a multi-million-dollar settlement.
- Impact on business: Companies engaged in international trade are required to exercise due diligence in customs compliance to avoid penalties.
- Next steps Meet with our team of specialists to evaluate your Company’s compliance practices and mitigate the risks and challenges of navigating this complex regulatory landscape.
Source Aprio
