Hosts: Lalo Solorzano & Andy Shiles

When Bonds Become Billion-Dollar News

Bonds may not be glamorous, but they’re the backbone of trade. In this episode, Lalo and Andy sit down with Jason Wieselman of International Bond & Marine to unpack why customs bonds are suddenly front-page news — and what every importer needs to know to keep shipments moving.

With tariffs surging and de minimis rules shifting, importers are facing unprecedented bond requirements — in some cases reaching hundreds of millions or even a billion dollars. Jason explains what this means for both large and small importers, why sureties are more involved than ever, and how logistics professionals can navigate the complexity without grinding their supply chains to a halt.

From errors & omissions insurance to the rise of the so-called “unicorn bond,” this conversation explores the risks, realities, and strategies every trade nerd should understand in today’s environment.

What You’ll Learn in This Episode:

Key Takeaways:

Higher tariffs directly impact bond requirements, sometimes by massive amounts.

Importers must calculate bond amounts carefully — don’t just accept CBP’s defaults.

The first billion-dollar bond signals a new era of risk management in trade.

Errors & omissions and cyber insurance are growing priorities for trade professionals.

Sureties and brokers are becoming more like strategic advisors than silent backers.

Resources & Mentions:

International Bond & Marine – Jason Wieselman’s company, specializing in customs bonds & marine insurance

CBP Customs Bonds Guidance – U.S. Customs official page on bond types and requirements

Errors & Omissions Insurance – Investopedia – Overview of E&O coverage for professionals

Cybersecurity & Trade – CISA – U.S. Cybersecurity & Infrastructure Security Agency resources

Credits

Hosts:

Lalo Solorzano – LinkedIn

Andy Shiles – LinkedIn

Guest:

Jason Wieselman – LinkedIn

Producer:

Lalo Solorzano

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Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals.

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