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Export to the United States attention! In response to the tariff policy, U.S. companies began to stock up on a large scale!
Nov 19,2024
As Trump announces possible levy on Chinese imports up60%-100%of tariffs, as well as the imposition of tariffs on imports from other countries.10%tariffs, American businesses and consumers have begun to prepare for this policy change. This decision is expected next year.1It officially came into effect in the middle of the month.
According to Business Insider, U.S. companies have begun stockpiling large amounts of inventory to avoid high tariffs that may be implemented next year. Barba, the owner of a small business that produces eco-friendly cups, said she is considering sourcing a full year's stock in advance, which is expected to cost as much20Ten thousand dollars, about RMB144.6Ten thousand yuan. Los Angeles-based home appliance companyYediIt is also seizing time to purchase home appliances from overseas to reduce the cost pressure caused by future tariffs.
Business executives said at the earnings conference that if Trump implements tariffs, they will have to pass on the cost of tariffs to consumers. Auto Parts CompanyAutoZoneofCEODaniel said the company would raise prices in advance, as it has done over the years. Columbia Sportswear Company of AmericaCEOIt also revealed that if tariffs are imposed, they are prepared to raise prices, and frankly that this will make it very difficult for commodity prices to remain within the affordable range of American consumers.
The United States is expected to see a surge in foreign trade activity by the end of this year due to hoarding by businesses and consumers. This phenomenon could have an impact on the pace of the Fed's rate cuts. Sam Stovall, chief investment strategist at the Center for Financial Research and Analysis, said active foreign trade activity could give the Fed a reason to pause or at least slow down the pace of interest rate cuts.
In the face of Trump's tariff policy and the changing international trade environment, choosing a reliable shipping partner is crucial. With professional service and rich experience, Hongde International Freight provides you with one-stop export solution from China to the United States. Our services include sea, air, land and other modes of transport, as well as value-added services such as customs clearance, warehousing and distribution to ensure that your goods reach their destination safely and efficiently.
In the context of tariff policy changes, Hongde International Freight will help you reduce costs, avoid risks, and ensure business continuity and profitability. Contact us today to make your exit path smoother.
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