Delicate Territory for U.S Importers: Customs Compliance and Russia Sanctions

As global supply chain uncertainty continues to grow, major brands, retailers and importers are repeatedly put to the test. 

Whether it’s making small adjustments to business operations or identifying new suppliers, keeping abreast of a constantly evolving list of potential supply chain disruptions gives new meaning to the phrase business continuity.

In this rapidly evolving supply chain climate, one thing should not be underestimated: U.S. Customs and Border Protection (CBP) is still focused on import trade compliance, and reducing human rights risks from global supply chains.

CBP Continues to Focus on Trade Compliance and Forced Labor Due Diligence

The import of goods into the U.S. consists of a range of necessary operations and players, from shipping entities and brokers, to suppliers, agents, and manufacturers, all of whom, at one time or another, may play a significant role in completing the import.

In light of escalating supply chain disruptions - including the conflict in Ukraine, bans on imports from Russia, and the ongoing COVID-19 pandemic - additional oversight, implementing enhanced procedures for vetting suppliers, and conducting additional due diligence is essential. In short, preparation is key.

U.S. companies must proactively take responsibility for their own customs compliance issues to avoid disruptions. As we grapple with the residual effect of a global pandemic compounded by the continued conflict between Russia and Ukraine, supply chain disruptions may continue to worsen. It’s necessary that U.S importers stay focused on complying with CBP protocols.

To learn more, reach out to Sourcemap’s team of experts.