Many companies seek sourcing from China to save on first costs. Seems relatively straight forward, right? Not so fast. Sourcing from China is a complicated process, of which every single stage requires careful attention. Even the savviest of importers can run into trouble if they start getting lax about the...
Are you thinking about having your production moved to China? With the recent news on tariffs (see our 8-part blog series on the China trade war) many are waiting to see what happens before they begin a China buying program. In this blog, we’ll share the best product categories to...
Many new importers find that they only have a very vague idea of how long it really takes to source directly from China. This is because many of them have experience buying from distributors or wholesalers here in the US, so the timeline is rarely clear. In this blog, we...
So, here we are at the end of the series and back to the original questions: Will this trade war come to an end? Will we have tariffs on an additional $325 Bn? How long will this last? The difficulty about predicting the outcome of this kind of event is...
So, Trump and Xi Jinping are meeting in Osaka on Saturday, for 90 minutes. We are told they are good friends, there is hope. Many are waiting – with bated breath. Well I don’t believe it. The bit about them being good friends. How can you be good friends when...
Negotiation: “Bargaining (give and take) process between two or more parties (each with its own aims, needs, and viewpoints) seeking to discover a common ground and reach an agreement to settle a matter of mutual concern or resolve a conflict.” (Business Dictionary) Negotiations are stage 2. The key, the only...
There are two stages to solving a trade dispute: Stage 1: Bringing your opponent to the table.Show that you have a case, that you are determined, that you will not flinch. Stage 2: Reaching an agreement. Finding common ground; showing respect and understanding; establishing trust and conveying reliability. Bullying is...
Before we launch into the respective positions of China and the USA, lets explore definitions: What’s a tariff? A tax on merchandise imported from other countries. A bargaining chip to negotiate a better trade deal Both of them are true, but note that a tax can be in place...
