Michael Best Strategies

DURHAM, N.C. – (August 10, 2018) – The Michael Best Strategies (MBS) trade team and law firm Michael Best & Friedrich LLP, is pleased to announce that SNP Inc., a family-run specialty chemical manufacturer, received a significant victory this week in saving one of the company’s primary products from being subjected to the Trump administration’s latest round of tariffs, which are set to go into effect August 23, 2018.

On Tuesday, the Office of U.S. Trade Representative (USTR) announced its final list of $16 billion worth of Chinese products exposed to the additional 25 percent tariff, which included SNP’s core product – alginic acid – a unique component stemming from a certain kind of seaweed found along China’s coast. SNP, a small, woman-owned and family-operated company, is the principal U.S. supplier of alginate products used in the paper, packaging and textile industries and their business relies on the abundant supply of alginic acid in China to meet the growing demand for green products in the U.S.

“This is a major victory for the continued growth of SNP’s business,” said Denise Bode, client lead, and partner at MBS. “The proposed tariff on alginic acid would have been incredibly detrimental for SNP while giving its foreign competitors a strategic advantage in the U.S. We’re glad USTR supported SNP’s thriving small business by removing its key product.”

“The Michael Best team’s strategic counsel and technical support throughout the entire engagement process with USTR, the Section 301 Committee and our congressional delegation was absolutely instrumental in this win,” said Pat Phillips, General Manager of SNP, Inc. “This a tremendous outcome, and we could not be more thrilled.”

Alginic acid was one of just five of the 284 products that have been removed from the USTR’s initial list.

The MBS team advising SNP included partners Denise Bode and Anne Canfield, and principal Sarah Helton, along with Michael Best attorney, Emily Lyons.

Denise Bode
Bio Link Denise co-leads the federal practice at Michael Best Strategies with expertise in association and coalition management as well as development of public policy strategies, at both the state and federal level. She was active, on behalf of firm clients, during the recent federal tax reform debate, much as she was during the last major tax reform in 1986. Expertise: Regulatory Law, Tax & Trade, Energy, Environmental, Food, Agriculture, and Telecommunications
Anne Canfield
Bio Link Anne’s work involves providing strategic planning, policy advice, and representational services to major corporations on federal and state legislative and regulatory issues in the financial services industry, tax and trade, healthcare, infrastructure, and budget policy areas. Expertise: Tax & Finance, Healthcare, Mortgage, and Bond Insurance
Sarah Helton
Bio Link Prior to joining Michael Best Strategies, Sarah served as regulatory counsel at ASTM International. In this role, she supported the Office of Global Policy and Industry Affairs on legal, legislative, and regulatory matters. She researched, analyzed, and advised on current and emerging federal policy matters that affected diverse industries, including energy, environment, transportation, technology, and trade. Expertise: Manufacturing, Tax and Finance, PAC, Education, Political Giving, and Transportation

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