Trade War Drives Enterprises Crazy: American Businesses Frantically "Store Up Goods" To Accelerate Imports Of Clothing, Footwear And Consumer Goods.

In July 6, 2018, the first tariff of 818 products, valued at $34 billion, was 25%.

In August 23rd, second products worth 16 billion US dollars were about to levy 279 products, plus 25%.

Next, the additional value of US $200 billion is expected to begin after the end of September, and the tax rate will be raised to 25% from the previous 10%.

What are the current status of us importers, Chinese exporters and Chinese and American governments?

Trade war drives crazy import and export enterprises!

With the start of the second round of trade wars in August 23rd, US media said U.S. importers are rushing to accelerate imports from China's largest economy in Asia, so as to ensure that enough goods are imported before the high tariffs hit.

These importers spend a lot of money to speed up the delivery date of goods, and find timely parking space and cargo storage space for arriving cargo ships or cargo aircraft, "all of which increase the cost of consumers."

Surge in imports of US ports and tight storage

According to the US consumer news and business channel, because of the uncertainty caused by Sino US trade friction and the imminent import of tariffs on various imported consumer goods, the anxious importers rushed to make the goods enter Losangeles port in July.

Under normal circumstances, these goods should arrive later this year.

As a result, the arrival of cargo surges.

And the tight storage space near Long Beach port is even more intense.

Losangeles port container throughput record

Reported that

Executive director Jean Seloka said: "what we see in real time is that many stocks start to ship ahead of schedule."

Losangeles port is the busiest container huff and puff port in North America.

"Our container throughput in July was a record," he said.

But the goods are still flying towards us.

In August 15th, Losangeles port issued a report that container freight in July increased by 4.6% compared with the same period last year, while imports and exports of cargo handling increased by 5%, while exports increased by 8.4%.

It claimed that the total volume of unloading in that month made it the "busiest July of all time".

The United States accelerates imports of clothing and footwear

Meanwhile, the nearby port of Long Beach said recently that it is now in the busiest year of its history. However, as the container shipping alliance decided to adjust the deployment and docking of cargo ships, the total installed capacity in July dropped by 4%.

The report says that about 40% of us container import trade with China is through Losangeles port and Long Beach port.

It is estimated that at least 1/5 of containers passing through these two ports may be subject to additional tariffs.

Importers are importing goods from China at a faster pace to avoid the possible effects of high tariffs, according to the company.

He said that this trend applies to students returning to school.

And year-end holiday products.

Industry executives said that accelerated imports to the United States included products from

and

To toys, electronic products and furniture and all other commodities.

Consumer goods for spring fashion season also arrive ahead of schedule.

Next, impose tariffs on US $200 billion in Chinese products?

So what else will the white house do for the next $200 billion tax product?

The United States has repeatedly invited the Chinese side to negotiate in Washington. Wang Shouwen, Vice Minister of Commerce of China, headed a delegation to the United States to consult with the US delegation led by Malpas, Vice Minister of the US Treasury.

But President Trump expressed no high expectations for the upcoming Sino US economic and trade consultations in Washington, D.C., and stressed that he had firm determination on trade issues to ensure that the United States can get a good agreement.

In an exclusive interview with Reuters, Trump said he did not believe that the US China trade negotiations resumed this week would make significant progress. He also stressed that there was no "timetable" for resolving Sino US trade disputes.

In addition, the Trump administration's hearing on Tariffs of 200 billion dollars on Chinese products was formally convened in August 20th, with a total of 6 days in August and 20-24 days in August. USTR will finally decide whether to impose tariffs on Chinese products worth 200 billion US dollars.

Unlike the US's previous tax measures, if this tax is implemented, it will directly attack thousands of consumer goods from China, including seafood, furniture, lighting products, tires, plastics, bicycles and so on.

The products in this taxable product range from a wide range of children's seats, wedding dresses to coffins.

When launching the "301 survey" with the US, the so-called "excuses" for levying taxes on China's high-tech products had nothing to do with it.

Under such circumstances, the interest of the US industry in the hearing has also been unprecedented. Not only a record of 358 representatives from American enterprises, American industry associations and lobbying organizations have come to attend the meeting, many of them have participated in the "301 survey" hearings for third times, and on the website of the Federal Register, which has solicited public opinions, there are also nearly 1500 comments from the US business circle, most of which oppose the tax action, and point out that such extensive taxation is unthinkable. As an important link in the industrial chain, China can no longer replace the United States government's practice, which will only hurt US employment.

The US industry is against trade war.

Earlier, the US trade representative's office held a 6 day hearing on China's Tariff Policy Series in Washington on August 20th. American government officials originally wanted to seek support from all walks of life to impose tariffs on Chinese goods. However, there were very few representatives of the US industry who supported the levy on the hearing, and the opposition became the mainstream, which embarrassed the US government officials.

The following are objections:

Please do not impose duties. For workers, the cost is too great. Do not let tariffs destroy the hope of these wage families.

John McCann, California high altitude operation platform manufacturer.

Don't let such a simple joy ride a victim of a trade dispute.

Bob Makivicius, director of the American bicycle products Suppliers Association

We can not afford to bear it, and then we can only pass it on to retailers and consumers.

Bicycle parts distributor Matt Moore, Minnesota, USA

Imposing tariffs on imports from China will damage the competitiveness and technological superiority of the United States.

Naomi Wilson, director of global policy in China and greater Asia, the US Information Technology Industry Council

There is no way for the company to pfer the industrial chain in China in a short time, because it is difficult to find a third country with the same level of technology and capability outside China.

Mark Kearns, vice president of cedar electronics, USA

Logitech has its own factories in China, where intellectual property rights have never been infringed, nor have they been forced to pfer technology.

Computer peripheral equipment manufacturer Logitech Inc compliance director Mark Kinzie

The best way to protect the interests of Americanized industries and the entire manufacturing industry is to withdraw chemical products from the forefront of trade wars.

- Edward Britva, director of international trade at the US chemical Commission

Chinese suppliers not only have excellent manufacturing skills, but also have the most cost-effective products.

The United States tariffs on travelling bags imported from China are "playing with political games".

Ross Bishop, American travel bag manufacturer

The leading position of China in the field of clothing production means that the United States almost inevitably imports clothing products from China, especially wedding dresses, which can not be produced in the United States. The United States not only lacks fabric supply, but also lacks production skills at all levels.

Stephen Ron, President of the American Wedding Dress Industry Association

Tariffs will result in higher production costs of us semiconductor manufacturers, lower price competitiveness of overseas sales products, and reduced exports, leading to a reduction in R & D investment, which will eventually hamper innovation and employment in the US.

Jonathan Davis, vice president of the International Semiconductor Industry Association