U.S. Businesses Fight Tariff Battle
More than half of U.S. businesses are battling the effects of the unfolding trade war with China; the majority are already feeling the squeeze of the tariffs introduced earlier in 2018, according to a new AsiaInspection report.
Notably, organizations on the other side of the tariff war are considerably less disturbed, with roughly one-third of Chinese respondents seeing the effects of the newly imposed tariffs in their daily business operations.
Among the report's additional findings:
- More than 50 percent of U.S. respondents report that the newly introduced tariffs are already negatively affecting daily business operations.
- Rising sourcing costs are the greatest challenge brought on by the tariffs, with 44 percent of U.S. respondents assessing this consequence as "serious" or "very serious."
- Though rising sourcing costs are reported as the greatest disruption, U.S. businesses say they will likely choose conservative solutions rather than restructure their global supply chain with new sources.
- Organization size is a factor when assessing the disruptive effect of the U.S.-China tariffs on business operations: Nearly two-thirds of U.S.-based small businesses say they have already felt the negative impact of the 2018 tariffs while this figure hovers around 50 percent for larger organizations.
- Only one-third of Chinese respondents report feeling the effects of the new tariffs in their daily business.
Overall, the report foreshadows a slow and painful shift from dependence on China—and a bleak outlook for the U.S. consumer goods market as businesses look at conservative solutions for adjusting their global supply chains instead of experimenting with new sourcing regions.
Profile
AAC Cargo is an
international Freight Forwarding company, based in Dubai, with a reputation for
providing outstanding quality that continues to secure a loyal customer base.
The Company has developed a strong, young management team, which together with
the founding Directors are committed to working within established quality
procedures to provide each customer with the most reliable personalized service
and dedicated to the continuous development of both our people and our
services.
We provide a
broad range of Sea Freight, Air Freight, Cars Shipping, Boat Relocation,
International Movers, ExpressCargo, with our broad range of logistics solutions
& Products and consolidation services, we ensure your cargo reaches the
right place, at the right time in a cost-efficient way. We work with a spread
of ocean carriers covering major carrier alliances with planned space
protection from every major container port in the world to deliver reliability.
We also work with many Airlines specialized in Air Freight.
AAC Cargo,
Dubai, U. A. E.
Tel: +971 4
8880718
Air Freight |
Sea Shipping | International | Courier Express Cargo | Car Shipping | Boat
Relocation | International Movers
Air Freight, Sea
Freight, Express Cargo, International Movers, Boat Relocation, Car Shipping,
Parcel, Project cargo and Fine Arts cargo.
Title:International Cargo &
Shipping Services
Keyword:Air Freight, Sea Freight,
Express Cargo, International Movers, Boat Relocation, Car Shipping, Parcel,
Project cargo and Fine Arts cargo.
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