Companies Are Using a Depression-Era Law To Escape Trump’s Tariffs — And It’s Costing Them

A few weeks ago, signs went up in the parking lots and loading docks at Fluid Equipment Development Co., a small manufacturer in Monroe, Michigan, a lakeside town a bit south of Detroit.  “Warning,” they read. “This bonded facility is under the custody and control of U.S. Customs and Border Protection and any person entering these premises...