On June 3, 2026, the US Government signed an executive order and a corresponding fact sheet detailing changes to how Customs and Border Protection vets Importers of Record (IORs). 

In brief, there are five key changes that are likely to be affected.

1. IORs are now expected to prove that they have tangible assets or bond coverage inside the US. Those who cannot provide this proof cannot import into the US as the IOR. 
2. Foreign importers are no longer treated like US importers. They will face stricter processes than ever, and must now use the formal entry type for goods entering the US. 
3. Foreign importers must now also provide complete supply chain transparency - including foreign tax identifiers, manufacturing details, and forms and certifications from the originating country’s Customs. 
4. A formalized ‘good standing’ status is being applied to all importers into the US. Companies that import illegal substances or repeatedly violate trade laws will lose their standing and the ability to import into the US. 
5. There are now increased penalties for infractions, with a penalty floor of no less than 50% of the assessed value of the goods in question, and there is no penalty mitigation for repeat offenders

This is a brief overview of what is a fundamental change in the relationship CBP has with IORs. For importers, this is the latest in what has been a lengthy campaign of CBP tightening and expanding its regulatory processes. The necessary requirements are stricter than ever, and the consequences for infractions are higher.

Non-Resident Importers (NRIs), under these new rules, must use a Customs Trade Partnership Against Terrorism (CTPAT) certified broker, so it has never been more important to work with a trusted and reputable partner. You are encouraged to seek out a CTPAT and compliance-first broker like PCB to ensure that your goods are fully prepared to weather increased scrutiny at Customs and cross without further complications or penalties. 

We are monitoring this situation closely and will provide more information as it becomes available. 

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