Understanding the Broker-Importer Relationship in Today’s Tariff Environment

Whether you are an importer or a broker, this webinar will provide an overview of the important relationship between these two parties for purposes of Customs compliance. Learn the responsibilities of both importers and brokers regarding entry, classification of merchandise, valuation of merchandise, complying with other government agency requirements, and recordkeeping. We will also discuss potential pitfalls including penalties for noncompliance for both brokers and importers and how changes to 19 CFR 111 have affected and complicated this relationship. Finally, we will discuss how implementation of IEEPA and Section 232 tariffs have affected the broker-importer relationship and best practices for both parties.