When importing merchandise into the U.S., you might need a customs bond. A customs bond acts as a contract to guarantee that the federal government will receive payment for all duties, taxes and fees.

Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the ...

A bonded warehouse is a secured building or premises for storage of dutiable goods. It may be managed either by the state or by a private company that has to post a customs bond with the government.

CHICAGO (Reuters) - Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for ...