Kyle Freeman on the Trade War at ITAGC’s Seminar Series
In US-China Trade War: Where We are and What You Can Do, Kyle provided an on-the-ground perspective for American companies operating in China. He gave an overview of the tariffs and their effect on trade; examined domestic policy changes in China as a result of the trade war; and suggested practical tariff management strategies.
The seminar was hosted by long-time Dezan Shira & Associates’ partner, the International Trade Association of Greater Chicago (ITAGC), at the Carlucci in Rosemont, IL.
Diversifying Supply Chains in Wake of Trade War
With the Trade War still being waged and President Trump now eyeing other countries as targets for tariffs, it’s more important than ever to diversify supply chains and anticipate trade risks.
Fortunately, there are strategies businesses can use to manage trade risks. These include applying for exclusions, applying trade laws that could mitigate the increase in price, or diversifying the supply chain through relocation in whole or in part using the China +1 strategy.
Unfortunately, not every business qualifies for exclusions, and the application processes can be complex. To fully understand your risk and options, it can be beneficial to have professional assistance to assess supply chain vulnerabilities as well as opportunities.
Supporting North American Businesses in Asia
To learn more about how we can help your North American company with business in Asia, please click here.
To stay up-to-date with our publications covering all aspects of doing business in China, you can visit China Briefing for articles such as our US-China Trade War Timeline and How Will the Trade War End? Exploring 3 Scenarios.
You can also subscribe to our investor resource library, Asiapedia, for more related resources.