White House doubles down on tariffs as a weapon in trade talks
By David Rauf
Last year, the U.S. imposed new duties on steel and aluminum imports from Canada and Mexico, prompting the Mexican government to react with its own set of retaliatory tariffs that ended up having an impact on some U.S. direct sellers that sell health supplements.
“If China wants to restrict anything coming from the U.S. or tax any company it sees fit from the U.S., it could do that very easily. In that scenario, what’s going to happen is that the cost is going to be absorbed by the company or passed on to the consumer.”
—Rafael Miner, partner, Miner Group Consulting
As the government’s ‘100-day campaign’ winds down, healthcare product companies announce sales losses
By David Rauf
“We’re taking the cue from our government relations team in China, and they’re staying in regular contact.”
—Keven Guest, CEO, USANA
Tupperware Continues Transformation; Herbalife Lowers Guidance; Nu Skin Beats Wall Street Estimates
By David Rauf
We listen in on the public company earnings calls and read the transcripts so you don’t have to. Check back each quarter for our review with insights and takeaways for your own business.
This report includes an update on the earnings calls from Mannatech and Reliv, both of which had revenue losses for the year-end quarter.
Please see the March and April issues for reports from the other public direct selling companies.