Trump tariffs leave importers with record-breaking $3.5 billion U.S. Customs bond funding shortfall
Key points Why this matters (1-minute explainer) When importers bring goods into the United States, they must have a customs bond that guarantees payment of duties, fees and other liabilities. Recent Trump tariffs increases tied to the Trump administration’s trade policy raised the dollar value of duties importers owe — and because CBP calculates continuous … Read more