Ever since the Trump administration upended global trade with a wave of tariffs on imported goods, some companies have been trying to seek shelter in foreign trade zones. These are specially ...
There are places in the U.S. where tariff policy doesn’t apply the same way it does everywhere else. We’re talking select warehouses, designated sections in or near ports, even factories. Foreign ...
Companies are increasingly turning to a Depression-era policy to avoid President Donald Trump’s tariffs, importing goods into designated US zones where they don’t have to pay tariffs until they want ...
To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Florida's foreign trade zones ...
Recent executive orders (EOs) by the Trump administration have introduced changes that may significantly impact businesses utilizing foreign trade zones (FTZs). These changes relate to the imposition ...
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DigiKey is one of largest foreign trade zones in country, mitigating some of its tariff costs
DigiKey runs Minnesota’s largest distribution center in Thief River Falls, about two hours from Hector International Airport in Fargo, three hours from the Canadian border facility in International ...
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