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In the News: Trade War Reactions, Philippines FTA, Supply Chains

Thursday, July 12, 2018
Sandler, Travis & Rosenberg Trade Report

Tariff engineering to avoid Trump tariffs

“Deborah Stern, a lawyer [from Sandler, Travis & Rosenberg] in Miami specializing in trade and customs compliance, said she has been advising clients to carefully review their product lines. ‘There’s plenty of gray area in tariff classifications,’ Stern said. ‘It’s far more of an art than a science.’”

[Washington Post]

China could move production offshore to avoid U.S. tariffs

“Some Chinese companies have considered establishing new operations in the U.S., while others may opt for producing or reassembling a portion of their products in Southeast Asian countries to circumvent the tariffs, the analysts told Bloomberg Law. Chinese manufacturers of machinery and tools and are among those considering the shift in production, though that may take six to 24 months, Nicole Collinson, an international trade [professional] at Sandler, Travis & Rosenberg P.A., told Bloomberg Law July 9.”

[Bloomberg Law]

 

China weighs breaks for tariff-hit companies

“China has said it might help companies find alternatives to the United States for key imports such as soybean and cars, as it looks to offset the effects of punitive trade war tariffs. In a statement late on Monday, the Ministry of Commerce also said it was considering ways to use the extra revenue from its tariffs on US goods to mitigate the cost of the trade action bourne by business and workers. Other possible remedial action included a faster roll-out of various economic and investment incentives and ongoing assessments of the trade war’s impact on a range of sectors, the ministry said, adding that it welcomed public consultation.”

[South China Morning Post]

As trade tensions grow, reshoring of U.S. supply chains sputters

“Despite the Trump administration’s new tariffs on imports—intended to reduce trade deficits and bring production back to the U.S.—experts say low-skilled, labor-intensive manufacturing operations are likely to remain in countries where labor costs are low, such as China, India, Vietnam, Malaysia, Indonesia, Bangladesh and others.”

[Wall Street Journal]

Philippines, U.S. renew interest in exploring free trade agreement

“But [Deputy U.S. Trade Representative Jeffrey] Gerrish raised several concerns with the Philippine officials before the US formally enters into a free trade negotiation. Among the issues the US wanted to resolve involve the Philippines’ agricultural products such as rice, meat and poultry; the customs processes; and intellectual property rights (IPR).”

[Manila Bulletin]

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