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With rising tariffs, importers of record should proactively coordinate with their financial institutions to ensure that Customs and Border Protection (CBP) can successfully debit the appropriate duty amounts from their bank accounts.
Your bank may need to adjust the Debit Cap or remove a Debit Blocker associated with CBP debits. This action requires providing your bank with the CBP Company ID, which was originally issued in your ACH Debit Acceptance letter.
To avoid failed transactions, it is critical to:
• Review ACH debit reports to monitor the amounts CBP is drawing from your account.
• Confirm sufficient funds are available in your account to cover upcoming debits.
• Work with your bank to raise your debit cap if the increased tariffs result in higher duty payments.
Failure to ensure adequate authorization or funding could lead to debit rejections, which may trigger the issuance of a debit voucher and possible removal from the ACH Debit program, along with potential liquidated damages.
If you're moving to your own ACH Debit Pay Types 3, 7, or 8, here are additional steps to take:
• Notify your bank that CBP is authorized to debit your account.
• Provide the CBP Company ID to your financial institution.
• Set an adequate dollar limit on your ACH authorization to cover all expected Duties, Taxes, and Fees.
• Establish a daily transaction limit with your bank that accommodates the number of charges CBP may process (especially important for Periodic Monthly Statement (PMS) participants, who may incur multiple transactions in a single billing cycle).
CBP has announced in CSMS 64981848 that they will be presenting a monthly series of four ACE Reports informational webinars starting on May 21. Below are the schedule and topics for the webinars:
1. Topic: Schedule and Email Recurring Reports
Webinar Date/Time: Wednesday, May 21, 2025, 1:00 p.m. ET
Virtual Office Hours Date/Time: Thursday, May 22, 2025, 1:00 p.m. ET
2. Topic: Modifying Reports
Webinar Date/Time: Tuesday, June 17, 2025, 1:00 p.m. ET
Virtual Office Hours Date/Time: Wednesday, June 18, 2025, 1:00 p.m. ET
3. Topic: Adding Dynamic Dates
Webinar Date/Time: Wednesday, July 30, 2025, 1:00 p.m. ET
Virtual Office Hours Date/Time: Thursday, July 31, 2025, 1:00 p.m. ET
4. Topic: Webinar Topic Coming Soon!
Webinar Date/Time: Wednesday, August 13, 2025, 1:00 p.m. ET
Virtual Office Hours Date/Time: Thursday, August 14, 2025, 1:00 p.m. ET
Information on how to join the webinars will be provided in an upcoming CSMS message. Check out the CSMS message link below for more details.
The President and the UK Prime Minister announced a trade deal, providing American companies access to the UK markets.
The trade deal will expand US market access in the UK, creating a $5 billion opportunity for new exports for US farmers, ranchers, and producers.
Additionally, the deal will create preferential access to UK aerospace components, and 10% reciprocal tariff rate on the first 100,000 UK origin vehicles per year (with the rate increasing to 25% after that threshold).
The White House Fact Sheet also states that “The United States…will negotiate an alternative arrangement to the Section 232 tariffs on steel and aluminum.”
No dates have been provided on when these actions will take effect. Click below to check out the White House Fact Sheet:
JAS Forwarding (USA) Inc. Compliance Project Manager, Scott Cassell in partnership with Sheryl Roberts, Director of Ocean Services, presented at a client event at our JAS ATL Branch. Ocean trends were discussed along with all the tariffs in the news.
Pictured Left to Right: Lars Huebecker, Tabitha Ackermann, Scott Cassell, Sheryl Roberts, and Cameron Hall
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