How Can the U.S. Food Industry Protect Itself From China’s New Tariffs?

There has been a great deal of anticipation about what U.S. products China will add to their retaliatory export tariffs. Many Northwest organizations, from manufacturers to food processors, are calculating the potential impact on their business. While not alone, one of the most affected is the Washington State tree fruit industry, hit with a 15 percent tariff on apples.

The uncertainty in this tariff dispute has companies anxious about their credit risks. One tool companies can use to protect themselves, and their accounts receivable, is trade credit insurance. Read more from Parker, Smith & Feek’s Josh Hedrick in the Puget Sound Business Journal on how this strategy can be used to help your organization mitigate the risks.

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