AGENCY LAUNCHES ONLINE GUIDE
Helping Washington Exporters
Understand and Navigate Tariffs
AGENCY LAUNCHES ONLINE GUIDE
International trade policies can shift rapidly, creating both challenges and opportunities for businesses. The Washington State Department of Commerce is committed to helping companies throughout the state to be nimble and competitive in domestic and global markets.
Joanna Boatwright
Washington State Department of Commerce, Aerospace International Trade Specialist
WASHINGTON STATE DEPT. OF COMMERCE
Responding to questions and confusion around recently implemented federal tariffs, in early April, the agency launched an online " Tariff Information and Resource Guide." This new resource includes export-related support from across communities and at the state and federal levels. Visitors will find resources for mitigating or minimizing tariff exposure, and relevant state and federal resources that can assist businesses as they adapt their operations.
“ Washington is one of the most trade-exposed states, and our intent is that this guide will help businesses better understand and respond to the impacts of these tariffs,” said Commerce Director Joe Nguyễn.“ Our business community needs all the help it can get navigating these obstacles, and Commerce is committed to helping them succeed no matter what’ s happening at the federal level.”
What are tariffs?
Most goods imported into the United States are subject to some form of customs duty. Tariffs are a specific type of duty that can be applied in addition to standard customs charges. Tariffs are often imposed with the intention of protecting domestic production, responding to trade imbalances and / or addressing national security concerns. For businesses, these tariffs can impact supply chains, business costs and international strategy.
40 NORTHWEST AEROSPACE NEWS