Business View Magazine | February 2019
269 the import/export on the foreign side.And with the imports, that includes the customs brokerage.” With all of the current upheavals in the realm of international trade,McGee believes that HNM’s services are nowmore important than ever.“We’re going into an unknown,”he avers,“unchartered waters, so to speak. But, from that standpoint, that’s where we come in to service our partners, because we’re working with them across the board on a day- to-day basis to help them to plan and to mitigate the different things that are happening.We’re also providing themwith compliance as it relates to tar- iffs, and the best way to move their freight around the world. So,we become that much more valuable in this geopolitical climate because we’re the one that our customers and partners go to, to help them work through these problems and issues.” “From our clients’ standpoint on the import side, it’s a big nut to swallow,” says Gajadhar.“When they’re going to pay from 10 percent to 25 percent more on their product coming in from China, primarily, that affects their business; especially if they’re only making, say, a 30 percent profit or a 20 percent profit and they have to pay 25 percent more in du- ties.That’s a shutting-down-business type of situa- tion.” McGee adds,“So,we will help them source other suppliers from other countries that aren’t affected by those tariffs and, once again,we’re getting them the pricing,we’re helping them understand how that flowwill work,what the time frames are to get that product into the country, and how to stream- In the time it takes to read this sentence an employee could open an email attachment and a cryptovirus could encrypt all of your company’s data. territoinfo.com Enterprise solutions for the Small and Medium-Sized Business Do you have a plan to recover? 407-798-0266 | territoinfo.com
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