AFA Bond Webinar -
Bond Sufficiency in the Current "Trade War" Environment
Due to the additional duties assessed for merchandise subject to Section 232 and 301 tariffs, properly calculating the amount of a continuous import bond has never been more important. CBP is issuing more mandated increase notices than ever before, giving importers only 15 days to react. In some cases, multiple notices are issued for the same importer month after month because that importer is not properly projecting its anticipated duties. Multiple bonds in one year, let alone higher bond amounts, mean greater liability for the importer and often greater scrutiny by the surety company underwriting the bond.
Join this free webinar for AfA members on March 14, 2019 at 2:00 pm EDT. Our presenter is Colleen Clarke from Roanoke Insurance Group Inc. Colleen is Vice President of Surety Trade Relations & Business Development at Roanoke as well as the President of the International Trade Surety Association.