US Hosts Hundreds of Temporary Tariff-Free Zones
The article discusses the rise in use of US foreign trade zones (FTZs), which are duty-free areas designed to help companies avoid tariffs, especially amid recent trade tensions and tariffs imposed by the Trump administration. With 374 zones across the US, companies are stockpiling goods and deferring tariffs, though recent policy changes have increased tariffs on inputs, complicating their use. FTZs are also seen as economic boosters for local communities, but recent restrictions have limited some of their traditional benefits.