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July 2020

Utilizing the Austin-area Foreign Trade Zone in Turbulent Times

Companies dependent on imports as part of their global supply chains are increasingly concerned with the ongoing volatility of the global trade environment. US trade actions have already imposed penalty duties on Chinese goods, many European goods, and steel and aluminum products, and additional activity is underway which could significantly impact supply chain costs, including: The imposition of US Sections 232, 301, and 201 tariff measures Replacement of North American Free Trade Agreement (NAFTA) and United States-Mexico-Canada Agreement (USMCA) US…

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