June 3, 2025
By John Ramig
“Qualifying your business within a Foreign Trade Zone can cut costs, make your supply chain more efficient and more. Here’s what to know.
Recent changes in tariffs have business executives searching for how to best respond. Yet one potential solution has existed for over 90 years—and was adopted by Congress in the 1930s response to the last major trade war. If you can qualify your business within a Foreign Trade Zone (“FTZ”) or utilize a service provider such as third party logistics provider that is located in an FTZ, you may qualify for deferred or reduced duty payments, while simultaneously making your supply chain more efficient materially reducing your U.S. Customs compliance costs, as well as a host of other benefits.”
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