Foreign Trade Zones, Tariffs, and Reshoring: How to Reduce Your Landed Cost with Tom Cook | Supply Chain Saga Ep. 010 from Supply Chain Saga

Foreign Trade Zones, Tariffs, and Reshoring: How to Reduce Your Landed Cost with Tom Cook | Supply Chain Saga Ep. 010

1 hour 12 minutes Posted Sep 8, 2023 at 2:00 pm.

— Introduction

— China: Why Companies Are Reluctant to Diversify and What's at Stake

— 232 and 301 Tariffs: What They Are and Why They're Still Here

— Strategies for Dealing with Tariffs: FTZs, Freight Optimization, and Demand Planning

— Trade Compliance: Harmonized Tariffs, Denied Parties, and Record Keeping

— Social Compliance: Forced Labor Laws, UFLPA, and Goods Seizures

— Bonded Warehouse vs. Foreign Trade Zone: Key Differences Explained

— Qualified Skilled Labor: The Reshoring Bottleneck

— 3PLs and Reshoring: How Warehouses Can Become Foreign Trade Zones

— Becoming an FTZ: Security, Compliance, and Product Accountability Requirements

— Other FTZ Resources: NAFTZ, Section 321 De Minimis, and the E-Commerce Loophole

— What Is a Maquiladora: Mexico Manufacturing Under USMCA

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Show notes

Tom Cook, CEO of Blue Tiger International, has 30+ years in global trade and has written 19 books on the subject. He explains how companies can reduce their landed cost through foreign trade zones, tariff inversion, nearshoring to Mexico, and supply chain restructuring — and why 3PLs should consider becoming FTZs. TOPICS COVERED: - Why companies are reluctant to diversify away from China despite 25% surcharges on 40% of imports - Section 232 an...

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