On May 15, the National Association of Foreign-Trade Zones testified and submitted written comments to the inter-agency Section 301 Committee Chaired by USTR, on the proposed imposition of Sec. 301 duties of up to 100 percent on $21 billion worth of products from the European Union. This is a result of an ongoing dispute between the U.S. and EU over aircraft subsidies. As in previous communications to the Administration, the focus was on the need to clarify the tariff-treatment of products manufactured in a Foreign-Trade Zone and Privileged Foreign (PF)-status merchandise to avoid improper imposition of duties on non-subject, foreign-status inputs.
About the National Association of Foreign-Trade Zones
NAFTZ is the voice of the U.S. Foreign-Trade Zones program, created by Congress in 1934 to help U.S.-based companies be more globally competitive; maintain U.S.-based activity and jobs; attract investment to American communities; and boost exports through special duty benefits and customs procedures. FTZs account for a significant portion of total U.S. trade – 5.6 percent ($87 billion) of U.S. goods exports and 10.7 percent ($250.6 billion) of U.S. goods imports in 2017. Over 450,000 American workers are employed at FTZs in all fifty states and Puerto Rico.