Trade Compliance Blog

With GM filing for bankruptcy today, looks like their plan to export cars from China will be one way in which they aim to make a comeback rather than prevent bankruptcy.

According to the UK Telegraph, “General Motors is planning to build cars in China and import them into the  United States, a strategy that could trigger further job losses and union anger  in the US.” This is a topical example of ‘related party trade‘ – when one business is simultaneously importing and exporting among itself. [...]