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FBJNA – How It Works, with Sandler, Travis & Rosenberg Trade Report – With U.S. tariffs increasing the cost and complexity of importing goods, companies are taking another look at a longstanding customs tool that can defer, reduce or, in some cases, eliminate duties: the foreign-trade zone.
Foreign-trade zones, or FTZs, are designated locations physically within the U.S. but treated as outside U.S. customs territory for purposes of customs entry.
That distinction ...
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An executive order and new White House report signal increased scrutiny of country-of-origin claims, importer ownership, production records and international cargo routing.
U.S. importers could face expanded documentation requirements, more intensive vetting and closer examination of overseas production as the Trump administration moves to strengthen enforcement against illegal transshipment and tariff ...
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