MIAMI, FL – January 20, 2020 - GrayRobinson attorney Peter Quinter, chair of the firm’s U.S. customs and international trade law practice group, located in the Boca Raton law firm, Miami law firm and Fort Lauderdale law firm offices, was quoted in the Telegraph article "Chinese Firms Accused of Dodging Tariffs Through 'Phantom Trade'." The article discusses how Chinese firms may be avoiding billions in US tariffs by secretly channeling trade through other countries.
Quinter says that the legal costs of fighting transshipment allegations were hurting businesses that import from Asia and notes that the chance of filing a case against the Government and winning depends upon the level of knowledge and expertise in customs laws and procedures of the selected attorney. He points out that legal fees can cost hundreds of thousands of dollars and court can last up to five years. Even if you win and get your merchandise back, it is worth very little compared to five years ago. Additionally, you have to pay the fees for all the years the merchandise was in storage. Read the full article here.