Tariff reduction strategies – First Sale Rule
As the trade conflict between the US and China continues, Vietnam has drawn increased attention from companies looking for low-cost alternatives with lower tariff exposure as a manufacturing base.
In the context of tariff exposure, Dezan Shira & Associates has also received many questions recently on whether the First Sale rule is a feasible strategy for exporters looking to reduce the impacts of US tariffs on Chinese products.
Follow the link below to watch our Business Intelligence Manager, Maxfield Brown, provide clarification around what the First Sale rule is and considerations businesses need to take regarding pricing.