Ways You Can Avoid the US-China Trade War
The United States of America was the world’s manufacturing leader, and the current president is now looking forward to fulfilling this once again as part of his campaign promises. America’s tariff was extended to numerous home goods and steel, luxury handbags and aluminum. The plan of the president was to ensure products coming from China had increased tariffs from 10% to 25%.
The profit margins and businesses of ecommerce entrepreneurs and crowd funder’s school be brewing due to the tariff hike. The trade war USA China has made it easy for Hong Kong to avoid the effects of the conflict and serve as a bridge for cross-border commerce for both countries. Hong Kong is ideal for shipping services since they will have a lot of independence and is partly autonomous.
Shipping from Hong Kong will not be difficult since they have a great tax systems and their own currency. Hong Kong was a founding member of the World Trade Organization in 1995 and it has maintained independence custom and economic area. Hong Kong was able to escape the high tariffs by the United States and the free port it offers for warehousing and shipping services have a lot of demand.
People regularly wonder how Hong Kong escaped the tariffs by the United States become the best solution for cross-border order fulfillment from China to the USA and vice versa. Many people have successfully complete the order fulfillment from hong kong especially when shipping from china to us. The congress and Hong Kong signed a policy which means they should respect the cross-border trade and economics agreement and Hong Kong will not be affected by the high tariffs. People in ecommerce order fulfillment industry benefit from shipping through Hong Kong since they have lower tax rates and effortless shipping procedures.
Hong Kong is better than shipping from china since they are located at the center of major shipping lanes of the Asia-Pacific region since she can easily access this is Canal, Panama, Southeast Asia and America through its ports. The location of Hong Kong is essential since the shipping ports connect ships from Suez Canal, Panama, America and Southeast Asia. The land connections in Hong Kong are well structured with mainland China which means clients are guaranteed of speedy deliveries when shipping manufactured goods from factories to shipping containers. Hong Kong is the best place to make shipping requirements since you have a connection to over 200 cities by using their direct flights.
If you run a company overseas and want a fulfillment service then you can partner up with the Hong Kong companies, so you get steady flow of quality products at affordable prices. It is easy for overseas entrepreneurs to understand the local laws and taxes of Hong Kong when partnering up with one of the companies so they can smoothly trade across the borders. Business people have relaxed visa procedures and export formalities, and you can avoid surcharge when you submit the required formalities two weeks before the shipments departure.