Footwear Group Asks for Expanded Duty Deferrals
CBP and the Treasury Department should extend the duty deferral plan through the rest of 2020, the Footwear Distributors and Retailers of America said in a May 20 letter to CBP Acting Commissioner Mark Morgan and to Deputy Assistant Secretary…
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of the Treasury Timothy Skud. The duty deferrals should also be expanded to cover all duties and fees, FDRA said. “This would free up much-needed financial resources for companies to continue operations and preserve U.S. jobs,” it said. “These duties will still be paid, just at a later date, so there is no loss to the federal government by such an extension.”