Kai Risdahl

But in terms of everyone else, I think that it's definitely not as, not as prioritized in this day.

Anna Olchek at Business Insider.

Anna, thanks a lot.

I appreciate your time.

Thanks for having me.

Just as for every action, there is an equal and opposite reaction, so too for every law, there is a loophole, or perhaps several.

For tariff law, one of the big loopholes comes in the form of what are known as foreign trade zones, FTZs in the lingo, legally defined areas, usually near ports and airports, that are

generally speaking now, outside the reach of U.S.

customs, and which have historically let companies import goods tariff-free, then use those imports to manufacture their own products with lower tariff rates or even no tariff rate at all.

I said historically a second ago, because last year the Trump administration closed that particular loophole.

Marketplace's Justin Ho has our story.

About a year ago, Aaron Stinner was trying to find a new location for the bike frame manufacturing company he runs in California.

Stinner Frameworks was facing threats of tariffs that could have been more than 100% on the components it imports from China and Taiwan.

So Stinner's plan was to set up his new location in a foreign trade zone.

Then the Trump administration changed the rules.

Stinner wouldn't be able to use the FTZ to reduce or eliminate his tariff bill.

So he pulled the plug on setting up shop there.

Some foreign trade zones have seen interest die down.

Drew Rodriguez is with the Port of Hueneme, which oversees one in Ventura County, California.

He says inquiries about the FTZ surged after the Trump administration's big tariff announcement last year.