Armageddon: “the prophesied location of a gathering of armies for a battle during the end times… The term is also used in a generic sense to refer to any end of the world scenario” - Wikipedia If you let your imagination run wild, and you try to picture where this trade conflict could...
In January I made a prediction on what would happen in March, namely: “… it will get better, … the new 25% tariffs will not be imposed and … previous tariffs will be reduced over time.” Time for me to eat humble pie. Here we are in June, and after...
The impending tariffs and the trade war with China have been an ongoing and popular topic in the press, and an especially important issue in our business. One of the benefits of this kind of activity is that importers are focused on reducing COGS (Cost of goods sold). A recent...
Four weeks ago, I shared with youMichael De Clercq’s blog about his predictions on a positiveoutcome of the additional tariffswith China. As you know, President Trump originally set a deadline of March 1st. We are now at that deadline and,a few days ago, we all learned that hepostponed this deadline...
USA businesses that buy Chinese goods are adventurers. They go to the other side of the world to secure supplies of low-cost products for their customers. They brave all sorts of challenges ranging from quality (whether it meets their expectations), price (whether they really got the best price), cost of...
In the current climate of new tariffs, many importers are unsettled and worried. This is partly due to the disruptive effect of changing rules and also due to unclear information. I mean, tariffs are confusing. Many importers are wondering whether they will still be competitive with their current supply chain. ...