Higher bonds needed for tariff-hit US imports
Importers may be unaware that they need to increase the level of the bond they must maintain with the Customs and Border Patrol for duties due to be paid over a 12-month period. (Above: US Customs House, New York, United States.) Photo credit: Shutterstock.com.
There’s a secondary impact to the recent…
Higher bonds needed for tariff-hit US imports
Journal of Commerce