News

In the ever-evolving US tariff landscape, RIM is monitoring the potential imposition of reciprocal tariffs on countries that impose disproportionately higher tariffs on US goods, possibly as early as April 2nd, and assessing the impact on our clients. News Reports: White House to Start Reciprocal Tariff Assessments April 2nd On February 13th, the Trump administration … Continued

The following analysis was provided by NCBFAA Legislative Advisor, Nicole Bivens Collinson of Sandler, Travis & Rosenberg, P.A. Sandler, Travis & Rosenberg, P.A. (ST&R) notes that on Wednesday, March 26th, the President issued a Proclamation imposing 25% tariffs on imported cars, light trucks, and certain vehicle parts under Section 232 of the Trade Expansion Act of 1962 … Continued

New and increased tariffs have resulted in a significant rise in US Customs continuous import bond insufficiency notices and Bond Stacking Exposure. It is likely that this trend will continue, as importers continue to be impacted by tariff changes. What is a bond insufficiency notice? US Customs issues bond insufficiency notices to importers who have … Continued