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Customs (14)

Customs

Export (12)

Export

Import (20)

Import

Are any licenses required to import products into the U.S.?

Generally licenses are not required to import products into the U.S. There are certain exceptions to this general rule however. As a result importers should always check with U.S. Customs before attempting to bring a new product type into the country.

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Are U.S. importers free to deal with all countries when importing products into the U.S.?

No, the U.S. government has placed trade embargoes on certain countries. These embargoes prohibit U.S. importers from entering into import transactions with embargoed countries. 

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Are U.S. importers free to import any product into the U.S.?

No, certain products may not be imported into the U.S. (prohibited imports) while other products are subject to import restrictions or limitations such as licensing requirements and quotas.

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What does the term "Customs Territory"mean?

Customs Territory is the territory in which the Customs law of a country applies in full. As a rule, the Customs territory of a country corresponds to its national territory including land, sea and air space. However, certain portions of the national territory may be excluded, e.g. free zones or the waters between the coastline and the country's territorial boundary at sea.

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What happens if an import shipment arrives in the U.S. and the quota for the product in the shipment has already been filled?

The product cannot be admitted into the U.S. and the importer has the option of exporting the product, destroying the product or entering the product into a foreign trade zone or a bonded warehouse until the beginning of the next quota period.

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What is a bonded warehouse?

A bonded warehouse is a warehouse that carries a special Customs bond and that is used to legally defer duty payment. There are specific types or "classes" of warehouses, and what can be done to the goods while in the warehouse is limited by the "class". Included among bonded warehouse classes are:

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What is a Customs broker and what functions does a Custom broker perform?

A Customs broker is a person licensed by the Customs Service to transact Customs business on behalf of an importer for a fee. A Customs Broker can:

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What is a foreign trade zone?

A Foreign Trade Zone is an area in the United States that is not considered "in the U.S. Customs Territory" for certain legal purposes. Duty is not paid when goods are put into a Foreign Trade Zone, but rather when they are taken out and "entered for consumption" in the United States.

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