Sumitomo, Yazaki Pull the Plug on China By Switching Supplies to Vietnam June 14, 2019 Vietnam’s government will pursue exporters that transship goods from China via Vietnam to avoid U.S. tariffs. The government is likely acutely aware of the risk of arousing the ire of the Trump administration, given Vietnam’s trade surplus versus the U.S. reached $45.9 billion in the 12 months... Read more →
Trade Complaints Tabled as China Tariffs Take Toll on Ikea’s Imports June 4, 2019 The U.S. International Trade Commission received just one new antidumping investigation request in May while also taking up a case relating to Chinese furniture exports that was petitioned a month earlier. A slowdown in petitions is to be expected given the Trump administration’s decision to w... Read more →
Tariff Quote Watch: Tariffs Just Another Form of Inflation for Stanley Black & Decker January 22, 2019 U.S. tariffs on Chinese exports have joined commodity and labor costs as just another form of cost inflation for companies to deal with. Stanley Black & Decker has indicated cost inflation, including tariffs, cut earnings by $370 million in 4Q 2018. Yet, “all but $50 million of that (was offse... Read more →
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