{"id":5809,"date":"2020-06-30T10:00:35","date_gmt":"2020-06-30T09:00:35","guid":{"rendered":"https:\/\/one-pointzero.com\/?p=5809"},"modified":"2020-07-01T16:42:33","modified_gmt":"2020-07-01T15:42:33","slug":"how-to-protect-the-financial-success-of-your-product-business-amidst-the-china-us-trade-war","status":"publish","type":"post","link":"https:\/\/one-pointzero.com\/technology\/how-to-protect-the-financial-success-of-your-product-business-amidst-the-china-us-trade-war\/","title":{"rendered":"How to Protect the Financial Success of Your Product &#038; Business Amidst the China-US Trade War"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text]<\/p>\n<h4><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">If your business is affected by the conflict between China and the US, there are few things we can do to help get you back in business and on a level playing field.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<h4><span data-contrast=\"none\">\u00a0It is important to understand that tariffs in the past have been short-term. Lasting 12-24 months, they underpin a trade position from one country or trade zone to another. The important word here is \u2018temporary\u2019. If a tariff applies to a product, it depends on its classification and country of origin. The key is to determine where the highest value transformation takes place in the production process. A product\u2019s country of origin is wherever this takes place.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p>&nbsp;<\/p>\n<h4><span data-contrast=\"none\">\u00a0<\/span><b><span data-contrast=\"none\">What are the options?\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<h4><span data-contrast=\"none\">There are several options when dealing with tariffs, whilst not jeopardising your IP, entire vendor architecture or quality levels:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">\n<h4><span data-contrast=\"none\">Sub-assemblies- the number of parts a factory produces over several geo locations.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\">\n<h4><span data-contrast=\"none\">Relocation \u2013 moving part or all your vendor architecture to a country not subject to tariffs.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\">\n<h4><span data-contrast=\"none\">Labour cost \u2013 if relocation is an option, consideration of increased labour costs against exchange rates and tariffs.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">\n<h4><span data-contrast=\"none\">Process consideration \u2013 automation, assembly, packaging, and storage.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<\/li>\n<\/ul>\n<h4><\/h4>\n<p>&nbsp;<\/p>\n<h4><span data-contrast=\"none\">Having an entire product with one Electronic Manufacturing Service (EMS) in today\u2019s world can be a risky strategy.\u00a0 One Point Zero combines the buying power of small and medium sized businesses (SME\u2019s). This translates into a wide range of vendor network options, in a variety of geo locations. We have helped many SME\u2019s build out a robust multi-vendor supply chain, giving our clients peace of mind in a period of uncertainty. Brexit, trade wars, riots and a pandemic are all unpredictable, you never know what is around the corner.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p>&nbsp;<\/p>\n<h4><span data-contrast=\"none\">\u00a0Our dedicated team excel with flexible supply chain management across Asia. Having an experienced management company run your operations will streamline your company and free up time and resource for other crucial activities. Deciding on the best option for your company is a balancing act. If you do not fully understand the implications of the\u00a0<\/span><span data-contrast=\"none\">301 act\u00a0<\/span><span data-contrast=\"none\">on your business,\u00a0<\/span><span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/one-pointzero.com\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\">get in touch<\/a><\/span><span data-contrast=\"none\">\u00a0with us. It could mean the difference between product success and company failure.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/4&#8243;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text] \u00a0If your business is affected by the conflict between China and the US, there are few things we can do to help get you back in business and on a level playing field.\u00a0 \u00a0It is important to understand that tariffs in the past have been short-term. Lasting 12-24 months, they underpin a trade<\/p>\n","protected":false},"author":2,"featured_media":5826,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[218,200,130,198,201,202,128,203,219,197],"class_list":["post-5809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asia","tag-business-development","tag-china","tag-finance","tag-future-planning","tag-innovation","tag-supply-chain","tag-technology","tag-usa","tag-vendor-architecture"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Protect the Financial Success of Your Product &amp; Business<\/title>\n<meta name=\"description\" content=\"If your business is affected by the conflict between China and the US, there are few things we can do to help get you back in business and on a level playing field.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Protect the Financial Success of Your Product &amp; 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