International Trade Today highlighted Richard Mojica and Julia Herring's webinar, sponsored by Forvis Mazars, where they discussed the anticipated United States-Mexico-Canada Agreement (USMCA) negotiations and strategies to minimize tariff exposure and compliance costs. "There's only so many ways to try to chip at your tariff exposure naturally. The value is one of those ways, and companies are trying to find ways to lower that value, in light of these huge tariffs. This, I think, is the most dangerous of the three mitigation strategies... [because the] customs valuation statute has some very clear rules as to how to determine the value that must be declared to U.S. Customs," Mojica explained. Herring added, "The value of imported goods determines the amount, and companies must ensure that their value declared is accurate."