Background

Clock is ticking for companies that depend on China imports

“If much of industrial China remains on lockdown for the next few weeks, a very real possibility, Western retailers, auto companies and manufacturers that depend on Chinese imports will start to run out of the goods they depend on.”

[Associated Press]

Companies are worried tariff exclusions are getting harder to come by

“Nicole Bivens Collinson … with Sandler Travis and Rosenberg, said decisions on tariff exemptions critical to so many businesses appear to be coming out a lot slower. ‘It does seem there’s additional scrutiny,’ she said. ‘I think part of that is that there’s just so much more volume of petitions that were filed this time.’”

[Marketplace]

Britain lays out tough stance for EU trade talks

“But despite the appeals of many businesses for the government to ensure goods can trade across borders freely, ministers have been briefing companies that they should adjust to a new future when Britain will not adhere to EU rules.”

[Reuters]

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