Tariff Recovery FAQ
Frequently asked questions about tariff recovery
Tariff recovery can involve customs activity, supplier pricing, purchasing records, customer obligations, and several different recovery paths.
These FAQs explain how PTR approaches the process, what information may be relevant, and what businesses can expect when evaluating a potential recovery opportunity.
Basics
Tariff recovery basics
What is tariff recovery?
Tariff recovery is the process of reviewing tariff-related costs to determine whether there may be a supported path to recover, reconcile, credit, offset, or otherwise resolve those amounts.
The appropriate path depends on who imported the goods, who ultimately absorbed the cost, how the cost moved through the commercial relationship, and what records are available.
Do we have to be the Importer of Record to have a recovery opportunity?
No.
The Importer of Record is important for direct customs-side recovery, but a company that was not the importer may still have absorbed tariff-related costs through supplier pricing, surcharges, landed-cost adjustments, or other commercial charges.
In those situations, the relevant path may be supplier recovery rather than a direct customs filing.
What is the difference between direct tariff recovery and supplier recovery?
Direct tariff recovery focuses on customs-side activity, including entry data, broker records, duty information, and the status of the underlying customs recovery process.
Supplier recovery focuses on costs that suppliers or vendors may have passed through commercially.
The two paths involve different records and may require different recovery strategies.
Can one company have more than one recovery path?
Yes.
A company may have direct customs-side recovery activity while also reviewing supplier costs or downstream customer issues.
PTR evaluates the available information to determine whether the matter involves direct recovery, supplier recovery, Customer Protection & Chargeback Administration, or a combination of workstreams.