Well before the onset of the COVID-19 pandemic, international trade policy disputes over aluminum, steel, airplanes, and even bourbon and cheese were making life difficult for consumers and manufacturers. Unfortunately, while there are hopeful signs of first steps toward easing of the pandemic, the outlook for international trade policy is somewhat dimmer: the World Trade Organization's appellate body is stymied; a British "crash-out" from the EU looks increasingly likely, and China has been emboldened by a lack of concerted action to curb its behavior. What can firms do to manage costs and risks in this uncertain environment?
Our expert panel will
review the current state of play in international trade policy and the risks that may lie ahead;
explain how a Foreign Trade Zone may help manufacturers mitigate some of those risks and better manage customs costs and duties; and
describe the operation of a Foreign Trade Zone and its impact on a local manufacturer.
Join the European American Chamber of Commerce and the Greater Cincinnati/Northern Kentucky Foreign Trade Zone, Inc. for an informative discussion about what it means to establish a foreign trade zone, what an FTZ looks like in operation, and what it could mean for your business during these uncertain times. If you import more than $3 million of goods and/or more than 500 shipments annually, you can't afford to miss this event!