In contrast to the desolation of US ports, America's “bonded warehouses” are becoming very popular. Some US companies that continue to import products from overseas are using this legal strategy to bypass tariffs, and demand for “bonded warehouses” has skyrocketed. According to CNN reports, many US importers now store imported products in “bonded warehouses,” so they can temporarily not pay customs duties and pay tariffs in accordance with the tariff policy implemented at the time when future goods leave the warehouse. Many companies choose this approach, betting that tariffs will drop in the short to medium term. In the US, goods can be stored in these warehouses for up to 5 years. The head of a bonded warehouse leasing company located near the Port of Los Angeles said that their business has slowed significantly in recent years, but since the US government implemented a series of tariff measures, the business has grown rapidly.

Zhitongcaijing · 05/08 09:41
In contrast to the desolation of US ports, America's “bonded warehouses” are becoming very popular. Some US companies that continue to import products from overseas are using this legal strategy to bypass tariffs, and demand for “bonded warehouses” has skyrocketed. According to CNN reports, many US importers now store imported products in “bonded warehouses,” so they can temporarily not pay customs duties and pay tariffs in accordance with the tariff policy implemented at the time when future goods leave the warehouse. Many companies choose this approach, betting that tariffs will drop in the short to medium term. In the US, goods can be stored in these warehouses for up to 5 years. The head of a bonded warehouse leasing company located near the Port of Los Angeles said that their business has slowed significantly in recent years, but since the US government implemented a series of tariff measures, the business has grown rapidly.