CBP’s Trusted Trader Program Includes New Incentives for Importers

Posted by Colleen Bush on Wed, Aug, 28 2013 @ 12:12 PM

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trusted trader programUS Customs and Border Protection (CBP) announced that they are aiming to begin the first phase of a Trusted Trader program this fall. The program will enable CBP to better manage supply chain security and compliance by unifying the Customs-Trade Partnership Against Terrorism (C-TPAT) and Importer Self-Assessment (ISA) initiatives:

  • C-TPAT – a voluntary government-business initiative to improve overall supply chain and US border security. The program establishes supply chain security criteria for members to meet. As part of C-TPAT, CBP is hoping to complete supply chain security mutual recognition agreements with China and Mexico within the next 18 months.
  • ISA – focuses on Customs compliance. Importers who can demonstrate their ability to manage their compliance through self-assessment are accepted into the ISA program. CBP recently launched the ISA Pre-Certification test, whereby licensed customs brokerage firms participating in the program can evaluate and pre-certify importers applying to ISA.

So how will this new Trusted Trader Program benefit importers? Participating importers will receive a variety of additional incentives such has time and resource savings related to the processing of Customs entries, costs, etc. CBP recently had a working group compile a list of new incentives that would be valuable to Trusted Trader participants. This list is now undergoing a final review by CBP.

For more information on the Trusted Trader Program, please read this Word Trade 100 article and Sandler & Travis Trade Advisory Services’ press release.

Are you currently participating in C-TPAT or ISA? Check out this American Shipper 2013 Import Benchmark Study, which surveyed importers on their participation and effectiveness of the programs.

Import Operations and Compliance

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Topics: Import Management, Product Classification, Entry Management