Over the past two decades, China’s Huawei Technologies has come to dominate the global telecom equipment market, winning contracts with a mix of sophisticated technology and attractive prices. Now, with Huawei at the center of a U.S.-China trade war, the tide is turning.
As the trade war between the U.S. and China heats up, it’s becoming clear that the dispute won’t end in a quick resolution. Nevertheless, importers must take action now, to protect themselves from the disruption that’s sure to result.
Giant Manufacturing Co. saw the writing on the wall early on. The world’s biggest bicycle maker started moving production of U.S.-bound orders out of its China facilities as soon as it heard Trump threaten tariff action in September.
Both foreign and domestic companies are pivoting production away from China amid Trump’s efforts to reset the parameters for global trade and manufacturing.
While Google’s hardware production in China pales in comparison to the likes of Apple, its shift may herald a broader trend as tensions between Beijing and Washington escalate.
When it comes to assessing progress toward digital transformation of the procurement function, a lot of companies appear far less advanced than they think they are.
The latest news, analysis, trends and solutions regarding global trade management software and systems and their impact on supply chain management. New developments in global trade management software - which streamlines logistics and business processes related to cross-border trade - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using global trade management solutions for supply chain optimization.
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