FTZs and Customs Bonded Warehousing
International trade has become increasingly complex over the years, particularly with the implementation of tariffs on goods and materials that are imported from other countries. Foreign trade zones (FTZs) and customs bonded warehousing can help companies alleviate some of the near-term burden while allowing them to continue their operations with minimal disruption, but they function in different ways. While customs bonded warehousing often comes with greater limitations since they are under CBP authority, both solutions can help companies optimize inventory flow and reduce financial exposure while maintaining compliance with customs regulations. The chart below outlines some of the benefits and drawbacks of both to help assess which option may be the best fit for your needs.
Made with FlippingBook flipbook maker