Dan Harris in Quartz
“The best way for the U.S. government to reduce CCP strong-arming against US companies is to help those companies leave China.”
There is no substitute for proven expertise. That’s why leading media around the world so often turn to Harris Sliwoski for our insight.
“The best way for the U.S. government to reduce CCP strong-arming against US companies is to help those companies leave China.”
“Yes, if [Musk] not doing so costs him more,”
“When people try to model it out from a cash flow or business perspective, it seems like a harder way to make money than with cannabis, when you had retail sales and scalability and didn’t have an obligation to have someone sit with the client all day long,” Sliwoski said. “It’s going to be hard for a lot of people to figure out how to pencil it.”
“I don’t see Mexico or Vietnam or India stopping to sell products for political reasons, but we live under that constant threat with China,” he said, pointing out how China hoarded personal protection gear for hospitals, things like masks and hospital gowns that are almost all made in China.
One client put it bluntly when he said that his happiness at securing an 7% cost reduction was tempered by the fact that his supplier flat-out told him that it was concerned about being able to continue getting the component parts it needed to make the client’s product because so many of its sub-suppliers were going out of business. This is the yin and yang of China’s falling economy.
The following practice pointers can be used by US importers to navigate the diverse considerations that go into the “business judgments” which the UFLPA almost invariably requires: