Trump tariffs lead to surge of companies parking imports in tax-free 'foreign trade zones'

Trump’s tariff war empowers Europe’s free traders

Even the EU’s most protectionist countries are realizing that they need new friends to trade with as their oldest ally goes rogue.

Over 3,000 tariff inquiries filed with gov't amid trade uncertainties

The government has received more than 3,000 consultation inquiries related to the United States' tariff policies from Korean companies amid heightened trade uncertainties, the industry ministry said Tuesday. Of the cases, 68 percent were about tariffs, 7 percent about breaking into alternative markets and 4 percent about relocating manufacturing bases, according to the Ministry of Trade, Industry and Energy. The government has been providing a c…

Trump tariffs lead to surge of companies parking imports in tax-free 'foreign trade zones'

Foreign trade zones allow companies to store imports without paying tariffs, and they are becoming more popular as President Trump's trade war escalates.

First, it intimidates business partners with customs fees for everything and everyone. Trump shows all his economic and financial power to then bring “enemies” to the negotiating table. It's a strategy that works, but only on the battlefield.

Crafty CEOs peek around tariff corners

Companies from Verizon to Danaher plan to pass higher import costs onto consumers, further muddling financial outlooks. Others, however, can limit price hikes. Birkenstock and Brunello Cucinelli are among those better suited to ride out US trade turmoil, for a while at least.

Although provisionally frozen for several weeks, the tariffs imposed by Donald Trump have generated that the main companies in the...