CBP Posts FAQs on Section 301 Tariffs
Temporary import bonds (TIBs) are allowed for goods subject to the Section 301 tariffs, CBP said in a list of frequently asked questions on the tariffs that took effect on July 6 (see 1807060012). "Any bond posted must be sufficient…
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to cover all relevant duties, taxes, etc., including Section 301 duties," the agency said. Many of the other questions listed were previously addressed during a July 5 call with CBP officials about the tariffs (see 1807050033), a notice in the June 20 Federal Register (see 1806190060), or elsewhere (see 1807160027). Among the issues discussed in the FAQs are submitting entries using Chapter 98 provisions, duty calculation timing for TIBs and foreign-trade zones.