On July 11, 2018, the United States announced a $200 billion tariff list for China, and textiles were among them! Involving more than 10 categories and more than 1,000 products including chemical fiber raw materials, cotton yarn, fabrics and clothing!
(Another mistake! The editor’s heart trembled inexplicably!)
On July 11, the Fuzhou Meteorological Observatory continued to issue red typhoon warning signals! This year’s No. 8 typhoon “Maria” has jumped five levels in a row within 36 hours and has been upgraded to a super typhoon level! The most critical thing is that its path is also constantly moving westward and slowly approaching the coast of Zhejiang and Fujian!
(Love is like a blue sky with white clouds, a clear sky, and suddenly a storm or rain~The editor has been blown away!)
Ontheonehanditisanaturaldisaster,ontheotherhanditisaman-madedisaster!
Thismadetextilefriendswhowerefrightenedbytheenvironmentalprotectionstormevenkneeldown!
The Sino-US trade is filled with smoke, and it is even more difficult for textile foreign traders to receive orders!
The trade war between China and the United States, which has been going on for several months, has gradually escalated in recent days. Although textile and apparel products were not included in the first batch of tax increases announced by the US government on July 6, as an important industry in China’s trade surplus with the United States, it is difficult to be “isolated” this time.
There are currently more than 10 major categories of textiles and clothing products with a total of more than 1,000 tax numbers, involving most textile raw materials, semi-finished products and A small amount of clothing accessories products, mainly including textile raw materials (cotton, silk, wool, linen, etc.); yarns and fabrics (made of cotton, wool, silk, linen, chemical fiber, glass fiber, etc.); carpets; industrial textiles; leather and fur Clothing, hats and gloves, plastic raincoats, etc. Commodities such as woven clothing, knitted clothing and home textile products with large export volumes from China to the United States are not included in the list.
(▲The above are the statistics of textile and clothing products in the tax increase list)
Although the tax increase list will not take effect immediately. Its effectiveness requires relevant review procedures and a public hearing scheduled to be held from August 20 to 23. The preliminary plan is to complete the review and hearing process after August 30. However, in the long run, there will be certain negative impacts. Some companies said that they had already been affected to varying degrees before the list was announced.
“During this period, the billing cycle for American customers has been lengthened. In the past, payment was usually made in Hong Kong, but now the billing period is generally 2 months. About.” Mr. Shen, the boss of Shengzeyi’s foreign trade, said, “And now their orders tend to be small orders, with multiple batches, and price reductions are also very frequent, making it difficult to receive orders.”
Indeed, due to Sino-US trade relations this year, many foreign trade companies have become even more constrained in accepting orders. “Now I don’t dare to accept long-term orders, and I won’t accept orders with too low profits. Firstly, I am afraid that the order delivery problem will be difficult to solve under the high pressure of environmental protection. Secondly, I am afraid that the price increase of raw materials will be difficult to control, and I will lose money accidentally.” Mr. Lu, who has been in foreign trade business for more than ten years, said.
Typhoon makes landfall! Next, loading will not be possible and logistics will suspend shipments!
The center of this year’s No. 8 typhoon “Maria” (strong typhoon level) made landfall on the coast of Huangqi Peninsula, Lianjiang County, Fujian Province at noon on the 11th. When it landed, the maximum wind force near the center was level 14! ! Some market insiders joked that today’s Moments were flooded with friends from Fujian!
Faced with violent storms, many logistics companies have stated that they will suspend or selectively suspend the transportation of some goods. Many companies said that due to the continued heavy rain, the arrival of goods is likely to be delayed or shipments will be delayed.
The continuous heavy rain has had a great impact on the shipment of textile and chemical products, and roads and even railways have been suspended and frozen. At present, due to environmental protection The shutdown has limited the production of many companies and insufficient market supply, especially in the printing and dyeing process. The original delivery problem was difficult to solve. The continuous heavy rains have greatly affected transportation in Fujian, Zhejiang and other places, and delivery delays may have an impact on the industry. It will have a certain impact.
Editor’s post: The textile people who “depend on the weather” are depressed, the “battle against environmental protection” is still escalating, and the United States has thrown another “stumbling block” “Even typhoons are coming to “join in the fun”! There are twists and turns, and then there are hot weather, production capacity reduction, employee loss… one by one, the delivery problem is difficult to improve. This year, the mood of the textile people really echoed that advertising slogan. “The feeling of going up and down” is so refreshing!
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