House bill would extend USMCA duty-free treatment to goods made in U.S. FTZs

House bill would extend USMCA duty-free treatment to goods made in U.S. FTZs

Some products made in U.S. foreign trade zones should be exported duty-free under the U.S.-Mexico-Canada Agreement even if they contain foreign inputs, according to a bill six House lawmakers introduced on Wednesday. The “Foreign-Trade Zone Export Enhancement Act” is designed to ensure U.S. FTZs continue to support U.S. manufacturing and distribution competitiveness and “create and preserve” U.S. jobs, according to the text. The bill would creat…