Trump Announces Sweeping Overhaul of U.S. Customs Enforcement
The White House unveils an executive order to overhaul U.S. customs enforcement, tightening importer-of-record rules with higher bonds and domestic-asset requirements, limiting informal entries by foreign IORs, expanding data disclosures and vetting, and imposing stiffer penalties and faster disposal for noncompliance—all to bolster national security, protect revenue, and support domestic industry, with timelines for regulatory changes, enhanced transparency, and potential legislation.