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Inside trade war’s tariff hideouts, ‘FTZs’ and bonded warehouses
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Inside trade war’s tariff hideouts, ‘FTZs’ and bonded warehouses

eriinfo.com1 month ago06 mins

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 have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and…

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