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Multiple Choice

What is "trade compliance" in CBP?

Trade compliance is about making sure goods crossing the border are handled according to the law, with duties and taxes correctly calculated and all import requirements properly followed. This means accurately classifying the goods, determining their value, confirming the country of origin, and ensuring any licenses, permits, or regulatory rules are met. By doing this, CBP collects the right amounts and enforces the rules that keep trade lawful and revenue protected, while also supporting safe and secure shipments. Other activities like immigration quotas or tracking passenger itineraries pertain to border security and immigration processing, and issuing trade licenses is not the primary function of trade compliance.

Trade compliance is about making sure goods crossing the border are handled according to the law, with duties and taxes correctly calculated and all import requirements properly followed. This means accurately classifying the goods, determining their value, confirming the country of origin, and ensuring any licenses, permits, or regulatory rules are met. By doing this, CBP collects the right amounts and enforces the rules that keep trade lawful and revenue protected, while also supporting safe and secure shipments.

Other activities like immigration quotas or tracking passenger itineraries pertain to border security and immigration processing, and issuing trade licenses is not the primary function of trade compliance.