Trade Risk Guaranty hosted a webinar in March 2023 to discuss recent news and give importers a 2023 Q1 international trade update. The international trade industry has been in an extreme state of...
U.S. Customs Bonds
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What is HTS and HTSUS?
Harmonized Tariff Schedule (HTS) codes identify all internationally traded goods and are the same for all countries that use the HTS, while HTSUS codes are specific to the United States. Harmonized...
Customs Drawback Bond | Activity Code 1A
A Customs Drawback Bond guarantees full repayment to U.S. Customs and Border Protection of an overpaid drawback as determined by the liquidation of the drawback claim. What is a Drawback Bond? When...
Customs Bond Activity Code Guide
There’s an array of activity codes associated with US Customs bonds. The most common bonds are activity code one importer bonds; however, the other types of Customs bonds play a crucial role in...
[Video] 3 Reasons U.S. Customs Bonds Are Deemed Insufficient
In an educational video, Trade Risk Guaranty identifies the top three reasons U.S. Customs Bonds are deemed insufficient. U.S. Customs Bond Sufficiency is one of those hard-to-grasp topics that...
Why FBA Sellers Should Purchase a Customs Bond
When importing for Amazon, it is essential that you take the initiative to purchase your own Customs bond to avoid liability and likely save money. What is a Customs Bond, and Why do I Need it? A...
[Video] A Breakdown of a Customs Bond Insufficiency Letter
In an educational video, Trade Risk Guaranty explains what is included in a U.S. Customs Bond Insufficiency Letter and what each section means. U.S. Customs Bond Sufficiency continues to be a...
Importing For Amazon: 8 Steps to Begin Selling on Amazon
Those who want to sell products manufactured outside the United States using Fulfillment by Amazon (FBA) will need to learn the basics of importing and the steps for becoming an Amazon seller. FBA...
Importing for Amazon: 10 Things to Know About FBA
As an importer of Fulfilled By Amazon (FBA) products, you are responsible for making arrangements to have your goods shipped to the United States, cleared through customs, sent on to their final...
U.S. Customs Authorization of 90-day Duty Deferral
On April 19, 2020, the President issued an executive order to temporarily extend deadlines for estimated duties, taxes, and fees for 90 days to provide relief for importers suffering significant...
Number of Insufficient Customs Bonds in 2019
TRG receives notices for insufficient Customs Bonds on the first week of every month for every bond we provide. So what did 2019 look like? Since Trade Risk Guaranty specializes in providing U.S....
Understanding an Insufficiency Letter for Your Customs Bond
When your bond is deemed insufficient by Customs, an importer will receive an insufficiency letter informing them. But what does it mean and what should you do? U.S. Customs and Border Protection...