With President-elect Donald Trump proposing across-the-board tariffs of 10% on all imports and 60% on Chinese imports, U.S. businesses are bracing for significant changes in their sourcing and supply chains. These tariffs aim to boost domestic manufacturing and reduce reliance on China. However, historical evidence and expert analyses suggest such...
The de minimis loophole has been mentioned frequently in the media lately, and the Biden administration is about to make changes to it. This is an interesting topic. Do you know exactly what it means? In this article, I’ll outline what the terms mean, the origins of this loophole, and...
Given the current climate surrounding China, various factors have caused importers to ask if sourcing from China is still the right choice for their supply chain. Uncertainty due to tariffs/Trade war, rising labor costs and COVID-19 have sparked a lot of concerns. Is it time to search for China sourcing...
American-made vs China-bought has been a hot topic as of late. With the recent political climate, the trade war, and tariffs, more and more importers are looking to move their supply chain management in China home. But is that really in their best interest? Should importers buy direct from China...
Current tariffs and selling restrictions with China have been an ongoing and popular topic in the press and an especially important issue for businesses sourcing from China. One of the benefits of this kind of activity is that importers are focused on reducing COGS (Cost of goods sold). A recent...
In the game of business, there are two categories of players: the buyers and the sellers. When negotiating contract terms, the buyers have the upper hand and the sellers cooperate for obvious reasons – they want to close the sale. Most of the time, buyers are well prepared and know...
Here are CPG, we enjoy writing blogs that add value to our readers. We have previously written about other China sourcing blogs that we enjoy as well, that also provide valuable sourcing information to our readers and customer base. In writing blogs, it is our goal to provide importers with...
As importers are finding ways around the tariffs, warehouses are now filling up to capacity, posing a new problem for importers, according to this article from The Supply Chain Brain, Tariff Fears Caused US Import Surge. Now Warehouses Are Full. One of the largest warehouse complexes near the Long Beach...