Foreign Trade Zone

  • Enhancing Competitiveness: By reducing costs, FTZs level the playing field and improve U.S. competitiveness. FTZs can help businesses reduce production, transaction, and logistics-related costs by lowering effective duty rates, allowing special entry procedures, and encouraging production closer to market. Reducing costs through FTZ use can lead to more competitive U.S. operations, thereby helping to maintain U.S. activity and jobs.
  • Creating/Retaining Jobs and Encouraging Investment: By helping local employers remain competitive, zones can contribute to maintaining or boosting employment opportunities. Also, lower FTZ-based production costs encourage increased investment in U.S. facilities.