There has been a lot of talk about the upcoming requirement for Canadian importers to secure their own bond, but how can bond size be calculated before the June 2022 date? As of June 2022, it will...
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Introduction to CARM and the Canadian D120 Customs Bond
The upcoming CARM regulations will make it mandatory for Canadian importers to have their own D120 Customs Bond as opposed to relying on the bond of their broker. A change is on the horizon for...
What U.S. Importers Need to Know About USMCA
The United States Mexico Canada Agreement (USMCA) is an updated version of the North American Free Trade Agreement (NAFTA). USMCA was implemented on July 1, 2020. Over the last couple of years, the...
FDA Classifications for Personal Protective Equipment (PPE)
COVID-19 has caused a worldwide shortage of Personal Protective Equipment, and many are attempting to import these goods into the United States. When looking to import PPE, such as masks, it is...
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...
[Webinar] The Impact of COVID 19 on International Trade
In an educational webinar, Trade Risk Guaranty discussed the impact of COVID-19 on international processes around the world. As we all personally adjust to the new reality the coronavirus pandemic...
Number of Insufficient Customs Bonds in 2018 and 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....
Coronavirus Impact on International Trade
In addition to the threat to human life, what will be Coronavirus impact on international trade and global supply chains? While the world works on mitigating the impact of the Coronavirus (COVID-19)...
What Are the Top 10 U.S. Imports?
American imports totaled $2.614 trillion last year. Read the list below to find out which products made up the top 10 U.S. imports for 2018. The following list details the top 10 U.S. imports in...
More Rounds of Section 301 Exclusions Granted of Lists 1, 2, & 3
The U.S.T.R. announced additional rounds of Section 301 exclusions to goods included on List 1, 2, and 3 throughout the month of October. These items will be excluded from the current additional 25%...
History of NAFTA
NAFTA is the largest free trade agreement in the world. It has changed how the United States conducts trade with Canada and Mexico. The North American Free Trade Agreement (NAFTA) is an agreement...
Additional Rounds of Section 301 Exclusions Granted of Lists 1, 2, & 3
The U.S.T.R. announced additional rounds of Section 301 exclusions to goods included on List 1, 2, and 3. These items will be excluded from the current 25% tariff which will be raised to 30% on...