A New Era of Importer Verification
U.S. Customs and Border Protection (CBP) has announced that it is implementing enhanced enforcement procedures to verify the accuracy of information submitted on CBP Form 5106, Create/Update Importer Identity Form. The initiative is one of the first public actions taken to implement Executive Order 14411, "Strengthening Customs Enforcement," signed on June 3, 2026.
Topics: United States, Customs, Trade Compliance, CBP, Importer of Record (IOR)
The numbers are hard to ignore. In FY2024, US Customs and Border Protection (CBP) collected $117.7 million through importer audits. By FY2025, that figure had doubled to $235.46 million. Through just the first seven months of FY2026, CBP had already recovered $182.22 million from only 181 audits—more than $1 million per audit [1].
Topics: United States, Customs, Trade Compliance, CBP, Executive Order
Vietnam’s Ministry of Science and Technology (MOST) issued Circular No. 30/2026/TT-BKHCN, effective 6 June 2026, to implement part of Vietnam’s strategic trade control framework under Decree No. 259/2025/ND-CP. The Circular introduces the official list of dual-use goods under MOST’s regulatory authority and sets out licensing, tracking, and traceability requirements.
Topics: Asia, United States, Customs, Trade Compliance, Vietnam, Tariffs, CBP, Managed Trade Services
Background
The United States-Mexico-Canada Agreement (USMCA), which replaced NAFTA in July 2020, is a trilateral free trade agreement between the United States, Mexico, and Canada. The Agreement includes a six-year review mechanism to determine whether it should be extended for another 16-year term. On July 1, 2026, the three governments met to conduct the review.
Topics: Canada, United States, USMCA, Customs, Trade Compliance, Mexico
