If you are worried about the possible effects of tariffs and trade wars on your international business you are not alone. Check out our #TradeElite Twitter chat recap below for insights from global trade experts.
President Trump has also threatened to impose a 45% tariff on Chinese imports – how would this work, and what would be your options to bypass it?
Tariffs are taxes that countries impose on imported products for one of two major purposes: protectionism or social change. To avoid getting overcharged at the border, learn the tariff rules for imports better than the customs agents.
Company: Meggitt Position: Import Specialist Location: Akron, OH
Company: FedEx Position: US Import Specialist Location: Kimball, MI
We asked the experts how companies can figure out if it’s feasible to diversify into new global markets at this month’s live #TradeElite Twitter chat. We were overwhelmed with practical advice, tips, tools and resources. Here are the highlights.
Company: MacLean Engineering Position: Logistics Coordinator Location: Barrie, ON
Company: Farrow Position: Release Analyst Location: Plymouth, MI
Company: EMCO Corporation Position: Customs Import Analyst Location: National Support Centre (NSC), 2124 Oxford Street East, London, ON
To ensure successful operation overseas, business managers should take time to understand and plan for potential political risks.