CRA’s Niall Murphy considers how new US tariffs on imports may heighten the financial pressures for import-dependent companies, and how the added economic pressure creates the potential for an increase in fraudulent activities.
In this Insights, Murphy examines the different types of import fraud, and what US companies can do when they suspect competitors of engaging in these tactics. As the landscape continues to evolve under the new administration, business should continue to evaluate their own compliance with trade regulations, and that of their supply partners, to mitigate the risk of committing tariff fraud.
Read more about the challenges associated with tariffs here.
