A complex web of supply chain logistics and licensing agreements make it almost impossible to know whether a security camera is actually made in China or contains components that would violate U.S. rules.
It’s the obvious solution for avoiding the squeeze of a mounting U.S.-China trade dispute: move production to other East Asian nations. For many companies, however, this is not a viable option.
Last year, 40 percent of the world’s reported incidents of seaborne attacks occurred in the Gulf of Guinea, including every ship hijacking and 78 of the 83 crew members taken for ransom.
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.
China’s scramble to import as much meat as possible to compensate for the drop in pork supply from a pig-killing disease has left it with a big problem: Cold storage space at its major ports is running out.