ARTICLE · 13 OCTOBER 2026
In the past two years, importers have learned the hard way that tariffs are the new normal. Products that were once easily imported at a zero ad valorem are now generating costs that require far more adjustment than originally expected. As trade compliance professionals are increasingly pressured to find legal tariff mitigation strategies, you may be considering the benefits of Chapter 98 provisions and Temporary Importation Bond (TIB). TIB can be an excellent way to legally import goods on a temporary basis while avoiding high duties, but importers should beware of the many pitfalls associated with improper use of TIB and the risks of breaching the bond.
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