RMS HK Receivable Management
  • 最新分享 Blog
  • Blog
  • ブログ
  • Bad Debt Calculator
  • 關於我們
    • 公司背景
    • 追收網絡
    • 法律訴訟
    • 商賬培訓
    • 業務流程外判
  • About Us
    • Company Background
    • Global Collection Network
    • Attorney Collections & Litigation
    • Professional Training
    • Business Process Outsourcing
  • 会社案内
    • 会社の背景
    • 債権回収
    • 債権訴訟
    • トレーニング
    • ビジネスプロセスアウトソーシング
  • 業務連結
    • Collector Login
  • 聯繫我們
  • Contact Us
  • お問い合わせ
  • 最新分享 Blog
  • Blog
  • ブログ
  • Bad Debt Calculator
  • 關於我們
    • 公司背景
    • 追收網絡
    • 法律訴訟
    • 商賬培訓
    • 業務流程外判
  • About Us
    • Company Background
    • Global Collection Network
    • Attorney Collections & Litigation
    • Professional Training
    • Business Process Outsourcing
  • 会社案内
    • 会社の背景
    • 債権回収
    • 債権訴訟
    • トレーニング
    • ビジネスプロセスアウトソーシング
  • 業務連結
    • Collector Login
  • 聯繫我們
  • Contact Us
  • お問い合わせ

RMS  HK

Defending Your Receivable is Our Mission

Exporting Strategies in US-China Trade War

14/5/2019

0 Comments

 
Picture
The unpredictability and uncertainty of the US-China trading battle have triggered anxieties and fear on exporters trading between China and the US. Some said the tariffs paid to the US government should be importers of the US, not the manufacturers.
The wide-ranging tariffs of the US-China trade war since mid of 2018 has spread the gloom over China and Hong Kong exporters. Transport and logistics industry, in particular, has been hit hard. The trickle-down effect of tariffs are expected to impact along the supply chain:

1. Pass the tariffs to consumers by increasing retail prices

2. Importers with a lower profit margin

3. Importers request suppliers in China for a discount  to offset the tariffs

4. Manufacturers in China reduce orders from the US or provide discount

5. Suppliers outside China receive increasing orders from the US and raise costs
​
The US-China Trade War Escalates:
Strategies for Mitigating Risks of Exporting to the US
​

Picture

As the tit-for-tat tariffs drag on between the world's two largest trading nations, no one could predict the severity and duration of the impact. Below recommendations help to minimize short-term / mid-term risks and to ensure healthy cash flow for manufacturers and exporters:

1. Before Exporting Goods: Stating Tariffs Responsibility
Manufacturers should ensure if customer would like to proceed with unshipped order even the tariffs has been imposed on their products. Before shipping out the goods, exporters should negotiate with buyers for tariffs responsibility and signed agreement documents.

2. Goods Have Been Shipped: Be Aware of Refusing Shipment
For buyers who default on payment of goods due to the tariffs, exporters are advised to pursue debt payment immediately, and if necessary, to initiate legal procedures for protecting legitimate rights and interests.

3. New Orders: Reinforce Risks Coping Strategies

a) Highly recommend exporters to carry export credit insurance in order to reduce financial risks.

b) Review contract terms signed with customers and pay extra attention to details such as transaction currency, indemnification, breach of contract and contract dispute resolution clause. Good contract terms and conditions are essential in securing rights and interests for both parties. 

c) Most importantly, Know Your Customer by verifying the identity of clients and assessing potential risks as business partnership. 

Picture
​
​Remember that risks always come along with business. Pay close attention to economic environment and be prepared.  

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Categories

    All
    Activities
    Announcement
    Case Study
    Collectability Index
    Information
    Seminar

    Archives

    January 2023
    December 2022
    November 2022
    August 2022
    July 2022
    March 2022
    January 2022
    October 2021
    July 2021
    March 2021
    February 2021
    January 2021
    December 2020
    October 2020
    September 2020
    August 2020
    July 2020
    April 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019

    RSS Feed

    Photo by Jeffrey Swanson on Unsplash
 

即時訂閱電子報

企業地點

電話
   香港: 852-2201-8888
   台灣免費撥打: 00806-651-932
   中國內地固話免費撥打: 108-002-652-681 
  

電郵地址
info@rmshk.com


地址
   九龍 觀塘 巧明街 100號 Landmark East AXA Tower
27樓 2701-3室

跟隨我們

使用說明條款
隱私保護政策

Company Location

Phone
Hong Kong: 852-2201-8888
Free Calling from Taiwan: 00806-651-932
Free Calling from China on Fixed Line: 108-002-652-681


Email

info@rmshk.com

Address
Suites 2701-3, 27/F, AXA Tower, Landmark East,
100 How Ming Street, Kwun Tong, Kowloon
Hong Kong

Follow Us

Terms of Use
Privacy Policy

会社の所在地

お問い合わせ
香港: 852-2201-8888
台湾→無料通話: 00806-651-932
中国→無料通話 (固定回線): 108-002-652-681 


メールアドレス
info@rmshk.com

所在地
Suites 2701-3, 27/F, AXA Tower, Landmark East,
100 How Ming Street, Kwun Tong, Kowloon
Hong Kong

​フォローする

利用規約
プライバシーポリシー
​© 2023 Receivable Management Services (HK), Ltd, an iQor Company All rights reserved.