Post by OIA GLOBAL
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On June 3rd, the White House issued a new Executive Order aimed at strengthening customs enforcement and increasing oversight and inspections of import transactions. While many of the proposed changes will be implemented over time through the regulatory process, importers should prepare for heightened CBP scrutiny, expanded compliance requirements, increased auditing activity, and potential changes to importer eligibility and bond requirements. Read the full breakdown of potential changes and our compliance teams' recommendations on staying prepared: https://lnkd.in/eCswT9Ni