White House Tightens Customs Bond Requirements
Published Date: 6/10/2026
Presidential Document
Summary
The government is cracking down on customs rules to stop illegal goods and make sure importers pay their fair share. Importers will need to show they have enough money or assets to cover their duties, and new rules will roll out within 180 days. This means safer trade, stronger borders, and fairer business for everyone.
Analyzed Economic Effects
7 provisions identified: 0 benefits, 7 costs, 0 mixed.
CBP 'Good Standing' Required to Import
Within 180 days of June 3, 2026, CBP will require all importers of record (IORs) to maintain 'good standing' based on compliance history and payment of customs liabilities. IORs found to have illegally imported fentanyl, nitazene, other illicit substances, contraband, or precursor chemicals shall not be in good standing and will not be allowed to import or designate a customs broker.
Higher Penalties and 50% Minimum Penalty Floor
Within 90 days of June 3, 2026, the Secretary will revise mitigation standards to establish a minimum penalty floor of not less than 50 percent of the assessed penalty, create a minimum liquidated damages floor, and eliminate mitigation for repeat offenders. The order also calls for enforcing liquidated damages claims against bonds, increasing audits, and imposing maximum penalties for noncompliant brokers.
New Minimum Bonds and Asset Rules
Within 180 days of June 3, 2026, U.S. Customs and Border Protection (CBP) will require importers of record (IORs) to maintain a minimum level of tangible domestic assets, bonding, or both, and will increase the minimum required bond coverage. CBP will also require a bond or sufficient tangible domestic assets for all formal and informal entries.
Foreign Importers Barred From Informal Entries
Within 180 days of June 3, 2026, the Secretary shall take steps to prohibit foreign importers of record (foreign IORs) from filing informal entries under regulations promulgated pursuant to 19 U.S.C. 1498. The order says foreign IORs are not to use informal entry procedures for low-value articles.
Formal Entry Limits for Foreign Importers
Within 180 days of June 3, 2026, the Secretary will require that a foreign IOR generally may not rely on a continuous bond for formal entry (except as permitted by CBP) and that eligible foreign IORs be validated in the CTPAT program or use a CTPAT-validated, licensed customs broker to file entries.
New Import Disclosure and Certification Duties
The Secretary will establish heightened import disclosure and certification requirements, including certifying compliance with supply chain rules (e.g., forced labor prohibitions), disclosing foreign tax and global business identifiers, and providing detailed product supply-chain data. Within 90 days of June 3, 2026, the Secretary will require submission of any documentation that the foreign exporter had to submit to its customs administration prior to export.
Faster Seizure, Disposal, and Higher Bonds for High-Risk Shipments
Within 90 days of June 3, 2026, the Secretary will act to expedite seizure and disposal of noncompliant imports, reduce burdens for voluntary abandonment, increase bond requirements for high-risk shipments, and authorize third-party disposal where permitted by law.
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