Reported about 7 hours ago
Bonded warehouses serve as a strategic solution for importers looking to defer tariffs and manage costs in an uncertain global trade environment. These secured facilities allow goods to be stored for up to five years without immediate duty payment, providing flexibility in releasing products as needed. However, this approach also carries risks, as fluctuating tariff rates can impact costs significantly when goods are withdrawn. Despite higher storage fees, businesses must consider various factors, including the nature of their goods and overall supply chain strategy, when determining whether to utilize bonded warehouses.
Source: YAHOO