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Price Impact of Punitive Tariffs on US Apparel Imports from China (Statistical Report)
2019-08-06 20:12:58| EmergingTextiles.com
The US President has decided to apply 10% additional import tariffs on all Chinese products which had been until now exempted, including apparel. Such a move, as of September 1st, could have decisive consequences for the international apparel trade. To assess the price impact, we have selected a specific but essential product and calculated unit prices before and after import duties imposed by US authorities for a series of countries of origin, including China. In this typical case, additional tariffs will have a decisive impact on China, suddenly losing its competitive advantage. US importers will also have to bear the cost, although having already anticipated the next move. Our full table is available for download.
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Category:Textiles and Nonwovens