The United States Has Announced 437 Tariff Elimination Products, And Polyester Textiles Are Listed. Then, Is There Any Hope For The Christmas Season?

On the 17 day of the local time, the office of the United States Trade Representative (USTR) announced 3 notice on the elimination of tariff goods to China, and over 400 items were exempt from customs duties. Unlike previous times, the list involved the 3 batch of Chinese products announced by the us to impose tariffs.

　　 List of textiles in columns

According to the American Apparel and Footwear Association, 40% of the garments sold in the United States come from mainland China, and 70% of footwear products are imported from the mainland.

With the advent of autumn, customs import products including gloves, coats, sweaters and so on. Before, many apparel practitioners had already faced a price cut when faced with the sharp offensive of online retailers. If they had to absorb tariff costs, it would be worse for the less profitable practitioners.

　　 And the exemption notice indicates that 100% of the polyester woven microfiber fabrics and polyester products in the textiles are excluded from the list. This is good news for China and the United States.

According to the statistics of the China Textile Import and export chamber, the export volume of China's textile and apparel exports to the United States last year was about 10 billion 300 million US dollars, accounting for about 16% of China's exports to the US textile and clothing and raw materials, and about 1.7 000 of the export enterprises.

Rufus Yerxa, chairman of the US Foreign Trade Council, has said that the United States no longer has the infrastructure to manufacture clothing, textiles and other related products. For the US textile industry, the lifting of the ban on Chinese textiles at least eased the urgent need.

Negotiations between China and the United States are about to resume. Textile people are cautious.

For the upcoming Sino US negotiations, the textile mentality is more cautious. A trader in the Wujiang area said that Sino US trade is a combination of different factors that affect the rhythm of the market order. Now the so-called restart is not a good thing to do, but this year's devaluation is positive.

Most of the billet traders and traders believe that the outcome of specific negotiations must be seen. The news can only boost market confidence at the moment. For companies that do not involve the US alone, the impact is not very large, and the most is confidence. For companies who make beauty lists, the impact is relatively large, which will affect the order rhythm of customers. At present, many American customers are shrinking their orders and orders, which is the biggest stumbling block in foreign trade this year.

However, most of the owners said that the announcement of the exclusion list is good news for our export oriented enterprises. In particular, the bosses who are struggling to secure Christmas orders may be the turning point for this year's peak textile season.

As we all know more and more about the "trade war" and realize that it is a long-term trade dispute, it will not be as great as when it happened.

afterword

For the next negotiation, though the optimistic anticipation is more, even if the result is not satisfactory, the textile people must straighten their mind and tell themselves that there is nothing to be afraid of.

When Chinese talk about "crisis", the word "danger and opportunity" coexist. The "trade war" will be dangerous for China and the United States, because every negotiation is not clear which side of the negotiations the other party would like to negotiate. This uncertainty factor will trigger the risk of price fluctuation in the financial field and bulk goods field. However, each commodity has its own reasonable value. Once undervalued, the value will show stronger profitability.

Therefore, for trade wars, we need not blindly see risks, but also seize opportunities in risk and organically integrate industries. For example, in recent years, a series of mergers and reorganizations have emerged in the polyester industry. At the same time, we need to accelerate the upgrading of industrial technology, such as the large-scale production of machines and people in the industry. Only in this way can we ensure that the core technology of the textile industry is created and grasped by ourselves. No matter how the next negotiation goes, the textile people keep their original rhythm and do their products well.