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Businesses Turn to FTZs Amid Shifting Tariff Policies

7/8/2025

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Summary

Story summary

Businesses are flocking to foreign trade zones (FTZs) in the U.S. to sidestep tariffs imposed by President Trump, allowing them to import goods duty-free until sold. In 2023, nearly $1 trillion worth of goods flowed through these zones. Yet, evolving tariff policies are casting a shadow over their advantages, challenging companies' competitiveness.

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Story summary

Businesses are flocking to foreign trade zones (FTZs) in the U.S. to sidestep tariffs imposed by President Trump, allowing them to import goods duty-free until sold. In 2023, nearly $1 trillion worth of goods flowed through these zones. Yet, evolving tariff policies are casting a shadow over their advantages, challenging companies' competitiveness.