Your Broker Knows Blog

Let’s imagine a scenario. You are a company that imports garments from a manufacturer in India, and right now there is something of a boom for your particular kind of garment. Someone famous wore one at a televised event, and now whatever it is you are making is the talk of the town. So, you ramp up production and begin importing them on a large scale from a factory that makes them in India.

When it comes to importing in the global marketplace, diversification is almost always viewed as a net positive. You are encouraged to make use of multiple suppliers, multiple modes of transport,

If there is a recurring theme in international trade, it is almost certainly complexity. There are countless moving parts, niche rules, special considerations, and even strange corner cases that are all necessary for staying compliant while trading internationally. This often-moving target of compliance is what makes an extra pair of eyes so important for keeping your import business on the straight and narrow.

Let’s imagine a situation: You have been working on a new product for months, researching the rules for importing goods into the US, common mistakes to avoid when importing into the US, and what must be declared at US Customs. You put in the work and the preparation in an effort to best prepare yourself for the day it arrives. 

Beginning on August 1st, 2024, stricter rules are coming into play regarding dogs crossing the border into the US. While this may seem largely irrelevant to standard US importers, these additional rules surrounding dogs may have a significant knock-on effect for your trade in ways that may not seem immediately obvious. 

Among the most easily confused or missed of the import bonds, the Temporary Import Bond (TIB) is the perfect tool for a particular kind of import, namely, brief stays in the US with the intention of being returned within a set timeframe. Most famously, this bond is used for exhibitions, trade shows, repairs, and assembly.

Among the most easily confused or missed of the import bonds, the Temporary Import Bond (TIB) is the perfect tool for a particular kind of import, namely, brief stays in the US with the intention of being returned within a set timeframe. Most famously, this bond is used for exhibitions, trade shows, repairs, and assembly.

Importing a car into the U.S. from Canada, you first need to determine if the car is admissible into the United States.  Canada allows for vehicles th …

The last of our bonds series tackles one of the more niche uses for a Customs bond - the Temporary Import Bond (TIB) or, as its equivalent is known in Canada, the E29B. Essentially, these two allow importers to bring items into their respective countries that are intended to be exported unchanged after a brief period - with the notable exception of repairs and overhauls.

The Lacey Act is a US declaration that is a joint effort between the Animal & Plant Health Inspection Service (APHIS) and the US Department of Interior’s Fish and Wildlife Service. The act helps to combat the illegal trafficking of wildlife, fish, and plants by making importers declare further details about their imports if they include materials covered by the Lacey Act. It is particularly focused, in the case of commercial importers, on the importation of wood, plants, and wildlife that has been harvested illegally.