FTZ Subzones Benefits

Benefits of FTZ Subzones

Benefits of FTZ Subzones Tri-Link’s ability to establish FTZ Subzones on private premises’ can benefit companies in several ways. As a Foreign Trade Zone Grantee and General-Purpose Operator (GPO), Tri-Link is authorized to establish a Subzone if certain conditions are met and approved by the local Port Authority. What is a Foreign Trade Subzone? A Subzone is a single firm …

Apple Be Exempt From China Tariffs

Apple Be Exempt From China Tariffs

Will Apple Be Exempt From China Tariffs? While many U.S. businesses are suffering from tariffs on imported goods, some companies are being allowed exemptions. U.S. trade law gives the president a lot of discretion in setting tariffs. Apple is one of the companies seeking further exemptions from Trump’s China tariffs.  After visiting the Apple manufacturing facility in November, President Trump …

Fitbit China Manufacturing

Fitbit Diversifies its Supply Chain Outside of China

On Nov. 6, 2019, Fitbit, which is about to be acquired by Google for $2.9 billion, announced that it has undertaken a plan to shift its manufacturing operations outside of China for effectively all of its trackers and smartwatches.  As a result, starting in January 2020, the company expects those products will no longer be of Chinese origin and therefore not subject to Section …

FTZ activities

Activities Permitted in an FTZ

There are various benefits to using a Foreign Trade Zone (FTZ), but companies must stay within the guidelines of what is allowed in at FTZ. Both large and small companies use Foreign Trade Zones, including importers, manufacturers, distributors, assemblers of products, and exporters of imported merchandise and/or products containing imported merchandise.  Here is a list of activities that are permitted in …

merchandize processing fee

Reduce Merchandise Processing Fees (MPF)

Tri-Link has helped clients reduce FTZ Merchandise Processing Fees. A Merchandise Processing Fee (MPF) is a fee assessed by U.S. Customs for most imports into the U.S., not including duty, freight, and insurance charges. The minimum amount of the fee shall not be less than $26.22 and caps at $508.70. Tri-Link can help mitigate the MPFs through the following strategies …

Weekly Entries

FTZ Weekly Entry Filing

When importing items into the United States, Tri-Link can help save time and money through utilizing Weekly Entry Filing (WEF), rather than having to do numerous single entries.  According to the U.S. Food and Drug Administration (FDA), “Brokers (entry filers) can submit a weekly estimate for repetitive, high volume entries of low-risk products by estimating the amount of product that will …

What is a foreign trade zone

What is a Foreign Trade Zone?

A Foreign Trade Zone is located outside the Customs territory of the United States, often a warehouse or factory. Since it is not in the Commerce of the United States, many benefits are created for importers, exporters, manufacturers, and distributors who source foreign goods, components and raw materials.  The benefits include but are not limited to duty deferral, duty elimination, …

Offset the Chinese Tariff with a FTZ subzone

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

Published on August 9, 2019 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 …

FTZ Subzones

Reduce tariffs with FTZ Subzones

Published on July 25, 2019 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 …