Treating the U.S. tariffs as another business challenge—along with rising production costs, slimmer profit margins, and more stringent regulations—is the pragmatic way forward for Hong Kong and China print manufacturers.
Not surprisingly, the U.S.-China trade dispute and its ramifications loom large in this 33rd annual coverage on the Hong Kong and China print manufacturing industry. Seven major export printers shared their observations, hopes, and plans on dealing with the tariffs and the fallouts.
Inspiration, communication, diversification, active participation, and continuous self-improvement encapsulate the Chinese company's business stance.
Bibles and other religious books were not included on the first list of products imported from China that are subject to 10% tariffs beginning September 1. Tariffs on some children's books were delayed until December 15, but all other books still face the possibility of a 10% tariff in less than three weeks.
Late last week, Judge Charles R. Nagle denied Quad’s motions for an expedited trial in the Department of Justice’s lawsuit aimed at blocking Quad’s purchase of LSC Communications. The trial is set for November 14.