je.st
news
US-China Trade War: Impact of Additional U.S. Textile Tariffs (Statistical Report)
2018-09-25 20:21:46| EmergingTextiles.com
The US administration has just imposed 10% additional tariffs on a large number of textile products from China. Although 26 tariff lines have been excluded from the list, additional tariffs could have a significant impact on production costs for industries using these textile fibers, yarns and fabrics, especially after January 1st, when tariffs will be possibly raised to 25%. By contrast, US sanctions will have a negligible impact on China's textile exports, EmergingTextiles.com has found. Our statistical report offers a detailed view of US textile imports from China per HS chapter from HS 50 to 60, with China's share of US imports and US share of China's exports being calculated. Comprehensive data are available for download.
Tags: report
additional
war
trade
Category:Textiles and Nonwovens