ITA Announces Temporary Cost Reduction and Fee Elimination for Several Export Services
Last Updated on Jul 2, 2020 at 3:59pm | Business Resources
On June 4, 2020, U.S. Secretary of Commerce Wilbur Ross announced that the U.S. Department of Commerce’s International Trade Administration (ITA) and U.S. & Foreign Commercial Service (USFCS) are temporarily reducing or eliminating the costs of several of their export services, providing relief to U.S. businesses affected by COVID-19. These efforts are intended to encourage the export of non-COVID-19-treatment-related “Made in the USA” products around the world in this moment of economic transition and recovery.
For U.S. companies that produce goods or services for export, the USFCS is authorized to reduce user fees and services by up to 100 percent for U.S. small and medium-sized enterprises and economic development organizations, and by up to 50 percent for large U.S. companies. Reduced fees will be provided until September 30, 2020.
ITA’s USFCS has more than 1,300 employees, assisting U.S. exporters in selling their products and services in more than 100 U.S. cities and 75 markets worldwide while also working to secure investment into the United States in coordination with state economic development organizations. ITA’s work to improve the global business environment helps U.S. organizations compete at home and abroad, creating tens-of-thousands of American jobs and ensuring American industry remains the most competitive in the world. To find your nearest U.S. Export Assistance Center, please visit www.trade.gov/contact-us
For further information, please contact Rosalyn Steward
with the Office of Advocacy.