Foreign trade zones, also known as FTZs, have been a huge boom for international businesses looking to save money and reduce headaches when importing goods into the United States. The United States government first began setting up FTZs in the 1930s in an effort to strengthen the nation’s economy, promote global trade, encourage growth, and attract foreign investment. While the enormous increase.

The COVID-19 pandemic has disrupted global supply chains, forever changing many of them by introducing new consumer trends and showing outdated processes, as Jean-Pierre Krause, Global Head of Risk Engineering, Zurich Insurance Group, points out in an article for the World Economic Forum.