The COVID-19 coronavirus is going to have a major impact on the global economy, this is now undeniable. We discussed the various impacts of the virus around the world in our last blog, “Covid-19 Affecting Your Supply Chain?” While the pandemic affects everyone—individuals and companies alike—one of the hardest hit...
The whole world is fixated on Covid-19. Perhaps too much so due to its unpredictability. There’s so much we don’t know. What we do know is that it is very contagious, it has a relatively low fatality rate, and, if left to its devices, lasts about 3 weeks. It seems...
Experienced importers with deep knowledge of China and its culture are able to realize savings and increase their revenue. But not all importers have that background. We previously covered this topic in the blog series “Are You Leaving Money on the Table?” In that blog, we explored what happens when...
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...
“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...
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...