Archive of Category: Tariffs
November 25, 2024
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...
October 31, 2024
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...
July 27, 2023
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...
November 13, 2019
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...
November 8, 2019
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...
August 23, 2019
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...
August 16, 2019
“Things are going very well with China” tweeted Trump after imposing new tariffs on China imports. The stock market crashed on the news. Easy fix: Trump backed off the tariffs on Tuesday and the stocks rebounded. But then they crashed again, worse than before. I wrote the previous blog in...
August 9, 2019
We have all heard that Trump has now ordered new tariffs of 10% on about $300 billion of goods for September. And yes, this means whatever it is you are importing will be affected. Gone are the leisurely days of operating in a predictable environment. Remember when you could quietly...
