In recent times it's very common to see stories about American companies scrambling to reshore manufacturing and leave China and the data seems to support this trend of reshoring or finding other locations. However, I suspect the American companies that moved to China for the wrong reasons originally are mainly the ones who are now reshoring back in the US. Is this the case, though? Let's explore this... … [Read more...]
CPSIA Compliance For American Baby & Kids Product And Toy Importers
The CPSIA (Consumer Product Safety Improvement Act) was enacted in 2008 to enhance children’s product and toy safety in the USA in the wake of high-profile instances of toy recalls due to excessive levels of lead. … [Read more...]
9 Consequences of the Upcoming US-China Trade War
Based on all the articles I have read about the current geopolitical situation, I am not optimistic about the affect of the US-China trade war on American importers. Dan Harris, who wrote "the US-China Cold War start now," announced that a "mega-storm" might be coming, and he may be right. Now, if things turn out as bad as predicted, and if tariffs apply on more goods imported from China to the US -- and at higher rates -- what does it mean for US importers? … [Read more...]