With a lot of buzz in the news about the FTZ program, now seemed like the right time to educate the broader public on the program’s proven success. Today’s print edition of Investor’s Business Daily contains an op-ed under the headline, “Foreign-Trade Zones Have Played A Major Role In The Success Of U.S. Industry.”
The news hook is the revamped FTZ Board regulations released this week along with the White House statement earlier this month touting the streamlined procedures as a benefit to U.S. exporters and manufacturers. In the opening lines, I explain the scope and benefits of the program:
I go on to explain how the program works, its proven success, including the thriving automobile manufacturing subzones, and then warn against compromising the program in the face of special-interest opposition.
You can read the full article by buying a print copy today or by subscribing to IBD online here.