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U.S. Customs and Border Protection (CBP) has reportedly opted not to make changes to the First Sale Rule which would have made it more difficult for importers to save costs on customs duties under the ...

Closing that first sale, writing that first sentence, or making the first attempt at anything is always difficult because you're entering uncharted waters. Many highly successful entrepreneurs had to ...

U.S. companies are using a 1988 customs law called the "first sale rule" to get around new tariffs The law allows importers to use the price of the first sale in a series of transactions rather than ...