Offset the Chinese Tariff with a FTZ subzone

FTZs can Help Offset the Additional 10% Tariff on Imported Chinese Goods

As a result of continued trade talks with China, President Trump announced that he will implement an additional 10% tariff on the remaining 300 billion dollars of goods being imported from China into the U.S. starting on Sept. 1, 2019.  He recently implemented of 10% tariff on $200 billion worth of Chinese goods, in addition to earlier tariffs imposed on $50 …

FTZ Subzones

Reduce tariffs with FTZ Subzones

Companies can reduce tariffs with FTZ Subzones. Utilizing Tri-Link’s ability to establish Subzone on private premises can benefit companies. Tri-Link has 30 years of experience and consulting services. This enables us to quickly access the potential for success and take the necessary steps to make it so. A Subzone is a single Foreign Trade Zone site designated for a special …

Foreign Trade Zone Benefits

Foreign Trade Zone benefits are being used to combat the high cost of tariffs. As part of President Donald Trump’s “America First” economic policy, he has imposed new tariffs and could renounce free trade agreements. Tariffs are taxes the government can place on imported goods.  Tri-Link consults customers on the positive impact of the Free Trade Zone (FTZ) program. Because …

Foreign Trade Zone History

Foreign Trade Zone history dates back to 1930. The Foreign-Trade Zone Act was an implemented in response to the Smoot-Hawley Tariffs. This Act raised import duties even higher. The original Fordney-McCumber Act was enacted in 1922. It had already raised tariffs by nearly 40 percent. The government thought raising tariffs would protect U.S. businesses and farmers against foreign imports. The …

US-China tariff

US-China tariff negotiations to continue

US-China tariff negotiations have restarted. US President Donald Trump and Chinese President Xi Jinping met to continue trade discussions. According to CNN, Trump said he would hold off on imposing new tariffs. However, existing duties would still be in effect. CNBC also reported that Trump said the 25% tariffs currently imposed on $250 billion in Chinese goods will not be …