What is a foreign-trade zone?
Foreign-trade zones (FTZs) are specially designated sites near U.S. ports of entry that allow corporations of all sizes to move goods in and out of the country paying reduced or no customs duties, taxes, or fees. Designed to help U.S. companies remain globally competitive, companies operating in an FTZ are treated as if they are outside of U.S. Customs territory for duty purposes.
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