Resources to support the temporary import of goods to the United States
The industry and associations like Jewelers of America are working to get more clarity on how standard industry practices like memo and shipping goods for trade shows will be impacted by the tariffs.
In some cases, importers may be able to use the following:
ATA Carnets, which are primarily used for the temporary, duty-free import of consumer goods to trade fairs with international participation. ATA Carnets serve as a guarantee for signatory countries against the payment of customs duties that may become due on goods that are not re-exported as required. Carnets can be used to temporarily import goods to solicit orders but not to sell the goods during a trade show.
According to the U.S. Customers and Border Protection website, United States Council for International Business (USCIB) has been designated by U.S. Customs and Border Protection as the United States guaranteeing association and has appointed two Carnet issuing Service Providers who can be contacted for further details regarding the issuance of ATA Carnets
Roanoke Trade: (800) 762-6653
Corporation for International Business, DBA boomerang carnets: (800) 282-2900
Useful information on ATA Carnets and how to obtain and use them may also be found at ATA Carnet and at ATA Carnet Bonds | Carnets | Bonds for Temporary Imports.
Temporary Importation Bonds (TIBs) may be another option for temporarily importing goods for certain single purposes, such as grading. A TIB allows goods to be imported temporarily without paying duty if they are exported within one year (can be extended up to three years) but the re-export requires customs supervision and the importer must file U.S. Customs and Border Protection Form (CBPF) 3461, “Entry/Immediate Delivery,” or 7501, “Entry Summary” to clear their shipment.
NOTE: The information provided here is for general purposes only and does not constitute legal advice. It is crucial to consult with a qualified professional for advice tailored to your specific situation.