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“At least hold the goods in the Foreign Trade Zone until their customer pays for the goods or agrees to pay for the extra cost of the duties,” said Porfirio Waters, president of Trade Flex Group, a ...
Companies large and small are turning to special U.S. Customs-approved sites to avoid, at least temporarily, the payment of new tariffs implemented by President Trump. These locations, called ...
The Port of Houston is one of the country's largest ports, and its Foreign Trade Zone receives the most merchandise of the more than 300 FTZ's that exist across the U.S, according to the port's ...
These locations, called foreign trade zones (FTZs) and bonded warehouses, are specially designated, secured storage or manufacturing sites approved by U.S. Customs where freight is not subject to ...