Companies seek tariff shelter in foreign trade zones
3 minutos 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 Trade Zones were designed to give businesses some relief from tariffs almost a century ago. The Trump administration has rolled back some of that relief, but companies are still swarming to get in on them. Back during the Great Depression, Congress allowed the creation of little magical kingdoms where tariffs didn’t apply. Continue lendo→
