Sources:
Top. Foxconn seeks foreign trade zone status for Racine County factory; move could reduce costs. (Milwaukee Journal Sentinel, 12/20/2017)
Bottom. Wikipedia.
From U.S. Customs and Border Protection
Customs Duty is a tariff or tax imposed on goods when transported across international borders. The purpose of Customs Duty is to protect each country's economy, residents, jobs, environment, etc., by controlling the flow of goods, especially restrictive and prohibited goods, into and out of the country.
But not if reduced custom duties allows Foxconn to purchase supplies more cheaply overseas, eh?
Other Foxconn posts:
December 2017
UPDATE. Scott Walker Monday tweet storm attempts to distract us from his highway funding mess. (12/19/2017)
GOP legislative aide and letter writer Keith Best needs to brush up on his Foxconn analogies. (12/16/2017)
UPDATE: The Wisconn Valley Way to Wisconsin's fiscal and moral bankruptcy. (12/15/2017)
Scott Walker, meet Andrew Ng, who wants to help Foxconn bring intelligence displayed by machines to Racine County. (12/14/2017)
Billions for Foxconn but a raw deal for Mount Pleasant residents John and Kim Mahoney. (12/13/2017)
Some residents of Wisconsin, Michigan, Minnesota, and Illinois will help to foot the bill for a $140,000,000 Foxconn campus electrical substation. (12/12/2017)
A deafening silence: What role will robotics play at Foxconn's Mount Pleasant manufacturing plant? (12/12/2017)
Inquiring minds want to know why driverless technology wasn't discussed during Foxconn contract negoatiations, Scott Walker. (12/12/2017)
Donald Trump and Terry Gou: Scott Walker loves these two peas in a pod. (12/9/2017)
Foxconn moves into Hallmark territory: They like us, they really like us! (12/3/2017)
November 2017
Scott Walker and Terry Gou agree that a projection is not the same as an obligation. (11/30/2017)
Multinational company earning billions in annual revenue gets loan from Racine County. (11/26/2017)
Scott Walker: Dealmaker, optimist. (11/25/2017)
Foxconn now hiring: Competitive pay and comprehensive benefits. (11/19/2017)
Hypocrisy alert: The free-market, individual responsiblity, limited government-lovin' MacIver Institute approves Wisconsin's $3 billion Foxconn dole. (11/14/2017)
Scott Walker views his Foxconn deal through rose-colored glasses. (11/13/2017)
October 2017
November 2017
Scott Walker and Terry Gou agree that a projection is not the same as an obligation. (11/30/2017)
Multinational company earning billions in annual revenue gets loan from Racine County. (11/26/2017)
Scott Walker: Dealmaker, optimist. (11/25/2017)
Foxconn now hiring: Competitive pay and comprehensive benefits. (11/19/2017)
Hypocrisy alert: The free-market, individual responsiblity, limited government-lovin' MacIver Institute approves Wisconsin's $3 billion Foxconn dole. (11/14/2017)
Scott Walker views his Foxconn deal through rose-colored glasses. (11/13/2017)
October 2017
Survey says (in so many words): "Pshaw" to the hogwash that Foxconn will benefit all of Wisconsin. (10/27/2017)
UPDATE. Robin Vos doesn't want to count his chickens before they hatch but remains confident it's going to happen. (10/23/2017)
UPDATE. Robin Vos doesn't want to count his chickens before they hatch but remains confident it's going to happen. (10/23/2017)
Reggie White:Green Bay Packers:: Foxconn:Wisconsin (Scott Walker analogy reveals his crazed desperation). (8/10/2017)
Sean Duffy gets it wrong. (8/3/2017)
Donald Trump pinches off another loaf. (8/1/2017)
July 2017
Foxconn officials eyeing sites in Michigan. (7/6/2017)
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