Tuesday, May 20, 2008

Earthquake Affects Exports

NEWS-----The China earthquake started to directly effect my business----today as we were preparing a quote for an order for one of our US customers in Missouri, our factory called and informed us that the China Government has STOPPED, until future notice, all exports of raw materials and finished goods related to TARPS. And any materials like Tarps that can be used in their earthquake emergency relief efforts in Sichuan Province.

This decision could affect the US supply chain and prices will double or triple in the next few weeks. Especially if there are any emergencies in developed countries like the US.

We have heard there may be more industries soon that will be effected-- related to the Earthquake emergency relief efforts

Even though this will hurt our export business of tarps to the US we agree with Chinas decision as human safety and life is more important than making a dollar.

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