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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.

Tags: price report china impact

 

China vows retaliatory action on Trump tariffs

2019-08-05 19:08:00| Daily apparel & textile news and comment - from just-style.com

China has reportedly vowed to retaliate with countermeasures if the US follows through with plans for fresh tariffs on US$300bn worth of goods from the beginning of September.

Tags: action china tariffs trump

 
 

China textile production hikes up ahead of US tariffs

2019-08-05 18:38:00| Daily apparel & textile news and comment - from just-style.com

Chinese upstream yarn and fibre producers are ramping up production as fears grow that the trade war with the US will hurt exports of apparel and other textile products. 

Tags: us china production ahead

 

US Shale Shippers Will Pay Surcharge For Steel Tariffs

2019-08-03 18:25:15| OGI

Plains All American Pipeline said on Aug. 2 it will tack on a fee for users of a new oil pipeline to pay for the cost of the Trump administration's tariffs on imported steel, with analysts and traders calling it the first U.S. energy pipeline operator to do so.

Tags: pay steel tariffs surcharge

 

China tariffs devastating, says soybean farmer

2019-08-03 00:40:55| BBC News | Business | UK Edition

The trade war between the US and China has escalated, and US farmer John Boyd Jr says he is feeling the pain.

Tags: china farmer devastating tariffs

 

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