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A record number of U.S. importers are failing to meet customs bond requirements as tariff obligations surge, with billions in financial guarantees now deemed insufficient.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02A record number of companies importing goods into the United States are failing to meet
00:06federal financial guarantee requirements tied to Trump's tariff-related trade duties,
00:11according to CNBC. A record 27,479 customs bond insufficiencies were recorded in fiscal 2025
00:18as Trump's tariff policies increased import duty obligations, according to U.S. customs data.
00:24The total value of insufficiencies reached nearly $3.6 billion, doubling 2019 levels tied to Section
00:31301 tariffs. A U.S. customs and border protection spokesperson said bonds are the primary tool used
00:38to protect government revenue and ensure compliance with trade laws and regulations. Bond amounts range
00:44from the $50,000 minimum to $450 million. The Supreme Court may rule on Trump's IEPA tariffs
00:50on February 20th. For all things money, visit Benzinga.com.
00:55Thank you so much for approaching.
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