News
CBP Proposes Requiring Importers to Maintain Records of Foreign Export Documentation
CBP’s September 2026 advance notice of proposed rulemaking may require importers to obtain, retain, and possibly submit foreign export declarations, invoices, and certificates their suppliers filed abroad, comparing them against U.S. entries to detect undervaluation or transshipment. This article examines the proposal’s practical challenges, legitimate reasons for discrepancies, and how importers should prepare comments before the December 1, 2026 deadline.
Read MoreCBP Voiding Importer of Record Numbers on September 18
CBP will void importer of record numbers starting September 18, 2026, if Form 5106 data—physical address, email, or phone—doesn’t belong directly to the importer, immediately blocking imports. High-risk profiles include foreign IORs, DDP sales, and drop-shipping using third-party addresses. Importers should verify data and powers of attorney now to avoid stalled shipments.
Read MoreNew Section 301 Tariffs on Imports from 60 Economies Now in Effect
Effective July 24, 2026, the USTR imposed new Section 301 tariffs of 10% or 12.5% on imports from 60 trading partners covering roughly 99.4% of U.S. imports. The action includes a multi-tier tariff structure, exemptions for certain food, pharmaceutical, energy, and aerospace products, and a narrow in-transit window. Importers and companies relying on international supply chains should assess their exposure immediately.
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