Continuous Bond Insuficiency – Due to SECTION 232/301 TARIFFS

Another thing that these Section 232 and Section 301 tariff increases will bring to the importing public is the probable shock of finding that their current Annual Continuous Bond is no sufficient to cover 10% of the duty money’s paid in a calendar years period.  If you thought it was bad enough having to pay 10% or 25% duty on the goods you import into (or ship to) the United States, the next ripple effect will be that the bond underwriters (the people that underwrite... Read More

US Canada New Trade Agreement – at a glance

Commissioner Outlines U.S.–Canada Trade Relations, Priorities Release Date: October 3, 2018 CBP Commissioner Kevin McAleenan highlighted the Department of Homeland Security’s northern border strategy Monday to members of the Canadian/American Border Trade Alliance in Washington, D.C. The alliance is an association of businesses, private and public sector organizations, and individuals involved in cross-border trade, border crossing, transportation, and tourism. CBP... Read More