I Want To Be a Rich Man on Hong Kong Island

Chapter 221 [Trouble is coming! 】

Jonathan is the president of Tyrone Zipper Company, the largest zipper manufacturer in the United States. Tyrone Zipper has monopolized the supply of zippers needed by the American navy, army and air force, and also occupied 18% of the American zipper market.

For Hong Kong Island PG zippers, Dongying YKK zippers, and Xingdao YGG zippers, which have risen in recent years, Jonathan naturally hates them;

At the beginning of 1951, the United States announced the blockade of trade in Hong Kong Island, which made Jonathan very happy, after all, there was one less opponent;

Unexpectedly, although the PG zipper was rejected by the American market, a Xingdao YGG zipper came out.

Before he could kick his breath, YGG zippers cut prices crazily again, causing Tailong zipper company to lose many customers and suffered heavy losses.

In view of this, Jonathan has repeatedly put pressure on the US Department of Commerce to restrict the import of Sing Tao's zipper products, but the effect is minimal, and the Ministry of Commerce does not want to make a fuss.

It is obviously not a good thing to impose trade sanctions on a small zipper industry!

Compared with the zippers produced by the American factory, the zippers produced by Xingdao YGG zipper factory have an absolute advantage in both quality and price.

Even if the price is generally raised to between 2 cents and 2.5 cents, more and more zipper demanders still choose YGG zippers.

As a result, many zipper manufacturers in the United States are bound to be affected. Jonathan once again stood up and took the initiative to connect these bosses together to file a complaint with the US Department of Commerce.

Jonathan is sure to win this time, because he also inquired about a secret matter, this time he believes that YGG Zipper is doomed.

The U.S. Department of Commerce saw so many zipper companies making complaints, and knew the seriousness of the matter, decided to interview Jonathan and his party for a meeting and investigation.

U.S. Department of Commerce

"You said that many orders were taken away by Xingdao YGG zippers and Dongying YKK zippers. What caused it?" Charles Sawyer, Minister of Commerce, personally met representatives of zipper manufacturers in the United States this time.

The main reason is that as many as dozens of American zipper manufacturers protested to the Ministry of Commerce this time!

Jonathan first said: "Mr. Minister, Asian workers have low wages and raw materials are cheaper than ours. This is the most fundamental reason. We should restrict the import of their zipper products,

Otherwise we would have tens of thousands of workers unemployed..."

Charles Sawyer said helplessly: "Gentlemen, it is obviously impossible to restrict imports. This will affect the reputation of our country; we can only consider conducting anti-dumping investigations, appealing to the court, and finally waiting for the judgment to comply with the regulations. Zipper import, it is currently impossible for our country to conduct an anti-dumping investigation, you must be prepared..."

Charles Sawyer made it very clear that now is the time for the United States to win over Japan. How could it be possible to impose trade sanctions on a zipper industry.

Jonathan said again: "Mr. Minister, first investigate YGG zippers. According to my investigation, although YGG zippers are produced in Sing Tao, their boss is from Hong Kong Island."

"There is no legal problem, Mr. Jonathan. We can only conduct an anti-dumping investigation on YGG zippers, and then impose high trade taxes and subsidize you."

The two sides discussed for a long time in the meeting room, and got a positive answer, and all the zipper manufacturers left with satisfaction.

Of course, the so-called trade investigation, the Court of Appeal, is basically the same.

YGG zippers use low prices to suppress American local zipper manufacturers. This is easy to investigate, just look at what American politicians say!

.........

When the U.S. Department of Commerce launched an investigation into the Sing Tao YGG zipper, Wu Guangyao had already obtained first-hand information and organized a meeting of executives.

"Tell me what you think?" Wu Guangyao is not nervous. This is not a major event that determines the life and death of PG Zipper. The American market only accounts for 25% of PG Zipper.

"I think we should organize a team to go to the United States to deal with this matter. Whether it is responding to the investigation or responding to the lawsuit, we can only deal with this matter in the United States in a timely manner." Li Bing said first.

Wu Guangyao nodded, this matter is necessary!

Even with Dongying YKK Zipper as the backup player, Wu Guangyao will never give up easily.

Wu Guangyao thought about it. It is useless to say too much now. It is better to immediately organize a team and go to the United States to deal with it. Seeing the tricks is the best policy.

The plane landed slowly at San Francisco Airport, and Wu Guangyao and his party finally arrived in the United States to respond to this trade investigation.

When they came to the branch here, the group immediately contacted the management here.

"Have you found a lawyer yet?" Wu Guangyao asked first. Keira's law firm did not conduct business in the United States, so this time it could only hire outside lawyers.

"I've found it. I've found one of the most famous law firms in San Francisco." Zhou Jiren replied.

Wu Guangyao nodded. A lawyer is the necessary person to go to the court to respond to the lawsuit. PG Zipper cannot be coaxed, so it is natural to find a famous lawyer to respond to the lawsuit.

"I thought of a way on the plane to deal with this trade investigation. I heard from you that this time it was Tailong Zipper who took the lead in connecting the zipper manufacturers in the United States. Under pressure, the Ministry of Commerce launched an investigation on us. Then We treat the person in the same way as the person."

"We are going to visit those medium and large zipper demanders. If they stand on our side and protest to the US Department of Commerce, then the situation may be better!"

Wu Guangyao's requirements for this American business investigation are not high. As long as the anti-dumping duty is below 80%, Wu Guangyao can accept it.

"This is a good way. The zippers in the United States are generally around 4 cents. If we shut out our PG zippers, it will damage the interests of these medium and large customers." Zhou Yiren said

Everyone agreed, and Wu Guangyao began to arrange tasks to visit these customers separately.

The next day, Wu Guangyao brought his bodyguard Huang Dazhong to the office of Bill, a large denim merchant in the United States.

"Wu, long time no see! It seems that you are in trouble!" Bill's first sentence revealed Wu Guangyao's intention.

The relationship between the two is good, and there has been no unpleasantness since the cooperation. Whether it is the price reduction or price increase of PG zippers, Bill is also very understanding.

"Then you should guess, why am I looking for you?" Wu Guangyao also joked.

Bill spread his hands and said in a helpless tone: "I can't help you. If the court rules that the trade sanctions imposed by the Ministry of Commerce are valid, we can only accept it."

"If we pay high anti-dumping duties, then we will raise the price. If our price is the same as that of American zippers, who would you choose?" Wu Guangyao tentatively asked. After all, at the same price, PG zippers have another The advantage of quality.

"I will choose you, because your quality is better than that produced in our country; and what our jeans need most is a good quality zipper." Bill replied without hesitation.

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