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 ...
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How Salt Lake City’s decision to transfer its foreign trade zone authority became ‘fortuitous’
When Salt Lake City and World Trade Center Utah officials began negotiating an authority transfer of the city’s foreign-trade zone almost two years ago, nobody knew how important it would be by the ...
To avoid tariffs and trade war uncertainty, more companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses, where products can be stored anywhere from years to ...
A foreign trade zone is a physical site located near a U.S. port of entry where goods can be stored, assembled, modified, or repackaged duty free. Fees are collected only after a product leaves the ...
As President Trump’s self-imposed tariff deadline loomed this week, Octavio Saavedra was fielding frantic calls from clients who had been keeping their goods in the warehouses he manages. The ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Companies that rely heavily on ...
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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