Life at The Top novel Chapter 497

Why was the import and export industry so profitable within the country now?

Firstly, it was because there was a lot of demand in the Mainland, and there was no worry that the imported goods would not be sold out.

Secondly, it was because of the unique policies stemming from unique national conditions.

Due to issues in the past, most of Harbor City’s goods were duty-free. After the handover, the Mainland had then written Harbor City a very generous tariff treaty.

Thus, most businessmen in the Mainland who profited off import and export trade would have their goods shipped to Harbor City first and then sent into the Mainland as Harbor City goods.”

By doing so, exploiting such a loophole of a righteous policy resulted in a 15-25% discount in taxes.

“The Hull family has placed most of their focus into the import and export trade, and the method they use is more or less what everyone else is doing too. They import the goods to Harbor City and then ship them to the Mainland. Doing this, they’ve managed to dominate the Mainland’s market while paying an extremely low amount of taxes.”

Jasper had known the inner working of the Hull family like the back of his hand.

“To get rid of the Hull family, attacking them from the Mainland would only give adverse results. The easiest way to do it would be to attack them in Harbor City, and I believe taking goods from a few ships in Harbor City shouldn’t be too big a problem for the Law family, right?” Jasper smiled.

Pacing in his office, Zachary began to believe that Jasper’s plan was doable.

“Not at all. But I’ll have to look into how the Hulls deal with customs here in Harbor City before I can decide on a more solid course of action.”

Jasper smiled. “It’d be nice if you could do it and give me an update as soon as possible. I’m ready to act anytime on my part. We should coordinate our attacks so that the Hull family are at loss as to who they’re supposed to defend against.”

Zachary fell silent for a moment. “What did the Hulls do to offend you, Jasper?”

Jasper replied calmly, “I won’t stop until I’ve completely defeated this mortal nemesis of mine.”