Importing to the US

Who does what when goods cross the US border.

1. 1IncotermsTrade terms that split cost and risk
2. 2Freight ForwarderBooks and manages international shipments
3. 3Customs BrokerLicensed filer of US customs entries
4. 4Importer of RecordParty legally responsible for an import
5. 5Harmonized Tariff ScheduleUS product codes that set import duty rates
6. 6Customs BondBond that guarantees duties are paid
7. 7Entry SummaryCustoms filing that declares duties owed
8. 8Landed CostTotal cost to get a product ready to sell