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Dear customers and friends,
Below please find news on today’s meeting. There is still a possibility that a deal will be reached, however we must be prepared in case a it is not reached.
In case the US Government imposes the 5% tariff on imports from Mexico next Monday or at a later day, we would like to present our client base the following payment options:
Option 1) Establish a weekly deposit fund with RL Jones from which we draw funds in order to pay said tariffs. We ask that you forecast 5% of the value of merchandise to be imported in the next week in order to establish this deposit. Deposit fund would need to be replenished on a weekly basis.
Option 2) Submit payment to RL Jones for the total amount of tariffs owed for the previous 4 days of imports. RL Jones will submit payment to Customs and Border Protection once the funds are available. Please note that RL Jones submits payments to CBP for the previous 8 days of imports, never exceeding the 10 days allowed by CBP.
Our Customs Compliance and Accounting teams will be more than happy to assist you any of these two options.
Please contact us at your earliest convenience.