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Companies Turn to Foreign-Trade Zones to Shelter From U.S. Tariffs

Companies Turn to Foreign-Trade Zones to Shelter From U.S. Tariffs

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 P.M. Edition for May 13. Companies seek to access foreign-trade zones as they navigate rising U.S. tariffs. WSJ news associate Owen Tucker-Smith reports on how the country’s roughly 260 foreign-trade zones allow them to defer tariffs on imported goods and materials, for a while. And the latest consumer-price index showed prices rose 2.3% in the 12 months through April, slowing from a 2.4% rate a month earlier. Economics reporter Chao Deng considers U.S. tariffs’ effects on that price growth. Plus, President Trump announced an end to sanctions on Syria during the first of a four-day trip to the Middle East. The move would give Syria’s new rulers a financial lifeline. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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