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U.S. Customs Surety bond requirements are increasing at unprecedented speed. The estimated surety capacity needed to respond to new and increased import tariffs through 2019 is up to $9 billion.
More than 200,000 companies import products into the U.S. Increased import tariffs have the ripple effect of requiring importers to post increased security to guarantee payment of the tariffs. Without the correct bond amount in force, U.S. Customs can hold up or seize importers’ shipments of goods into the U.S.
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Join a panel of surety professionals on September 19th to discuss:
- What are U.S. Customs Surety Bonds?
- How is the bond amount determined?
- How do new tariffs impact the bond requirement?
- How should bond penalties be expected to change in the balance of 2019?
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Presenters:
George Gionis, Managing Director – Surety and Performance Security, Aon
Jim Paone, Surety and Performance Security – Aon
John Sheppard, Vice President, C.A. Shea & Company
Amanda Weiss, Vice President, Surety – Argo Surety
We hope you to see you there.
Sincerely,
Sherri Grasak, Resident Managing Director
Aon
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