Roanoke Trade is pleased to introduce our Bond Sufficiency Calculator, a new tool to help you determine the appropriate continuous customs import bond amount. Due to the ongoing “trade wars”, tariffs have recently been increased on many imported goods and materials. These increased tariffs have precipitated a spike in mandated increases to customs bond amounts. Prior to the trade wars tariff implementation, it was rare for Customs and Border Protection (CBP) to issue more than 100 to 200 mandated bond increase notices in a month. In September, CBP issued 2,300 notices! A bond’s sufficiency status is continually measured by CBP […]