CBP Creates Webpage Dedicated to eBond

Resources to Help Brokers Battle the Trade War While it’s no longer front page news fodder the tariff-centered trade wars continue. Change – if not outright volatility – continues to be an understatement as it relates to tariffs on goods imported to into the United States these days. Unfortunately businesses who have import activities and the customs brokers who assist them are caught in the middle, and they can become casualties of the ongoing trade wars. While U.S. Customs and Border Protection (CBP) is publishing plenty of resources, the dedicated people on the Customs Bond team at Roanoke are here […]

As part of our ongoing efforts to provide the tools and resources you need to successfully manage a compliant Customs Bond Program, we offer the following answers to your most frequently asked questions. The following information reveals some of the most common reasons why eBonds are rejected by CBP and solutions on how these issues can be resolved. [table id=15 /] If you have a question you’d like answered and it’s not addressed above, please submit it to infospot@roanokegroup.com.

Many Customs and trade laws carry significant financial consequences for importers, and of these laws, antidumping and countervailing duties pose some of the most dangerous ramifications. These provisions exist to protect domestic industries and producers from unfair foreign competition. Under U.S. law, goods are subject to assessment of “ordinary duties” based on their classification under the Harmonized Tariff Schedule of the United States. However, U.S. law also defines certain situations in which goods are being sold to the U.S. at prices below cost of production or below “fair market value”. This is referred to as “dumping”. Like ADD, CVD is […]