(Minutes 7:00-13:44) “As China races to reach its GDP targets, the EU tariffs, while certainly not a win for China, are manageable. Even after they take effect, negotiation is still available, and the opening of factories remains an option said Han Shen Lin, China country director at the Asia Group. “China can still plant an EV […]
The White House and Congress are increasingly concerned about the growing number of Chinese goods that bypass import duties. In 2016, Congress raised the import value threshold under de minimis from USD 200 to USD 800, but by 2021, Congress reopened debate on the threshold given the explosion of China’s fast- fashion retailers and the growing fentanyl crisis in the United States.
Prospects and Impact of De Minimis Policy Reform Read More »
“For Europe the proposed tariffs are to level the playing field, for China they present an existential threat to its export model that could extend to all sectors,” says Han Lin, China Country Director of The Asia Group
Amb. Kurt Tong, Managing Partner at The Asia Group, joined CNBC’s Emily Chan Tan for a wide-ranging discussion on key policy matters including new U.S. tariffs on China, the Taiwan inauguration, and Hong Kong issues.
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