A bold sign in Ronkonkoma adjacent to Long Island MacArthur Airport proudly proclaims “Foreign Trade Zone” along with the airport’s name. The juxtaposition is a little unusual, since the airport has ...
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 ...
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 ...
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 ...
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 ...
PHOENIX (AZFamily)—Companies will try to find ways to comply with President Trump’s announced increased tariffs on Wednesday. One way they could try to defer the tax payments is through foreign-trade ...
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 ...