US Trade Protectionism Is Rising. How Should Textile Enterprises Respond?

Recently, the US House of Representatives passed the exchange rate reform to promote the fair trade act.

This news makes Shaoxing county a lot.

The bill was passed by the United States.

Since the beginning of this year, although the global economy has been recovering as a whole, the situation of foreign trade enterprises has not been "very good". The growth of business volume is not directly proportional to the increase of profit margins.

"There are orders, no one to do, no one to do, no money to earn", out of the countless foreign trade enterprises helpless.

Flying textile company's performance has increased substantially this year, but it has also pushed out orders for about 100 counters.

"The original profit between 2%-4%, plus higher management fees, is equal to white."

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Export enterprises usually have a cycle of several months from receipt to delivery. During this period, the fluctuation of the cost will bring unexpected risks.

In the face of many uncertain factors such as international market protection, warming, unstable exchange rate and rising raw material prices, conservative orders are becoming the same choice for enterprises.

"Obama said that the US economy should shift to a sustainable growth mode, that is, export driven growth and manufacturing growth, trying to improve the employment problem by" remanufacturing industrialization ", which will trigger the protection tendency of the real economy, such as manufacturing industry.

"Eagle king textile" responsible person said that he and many peers already foresaw that the second half of the foreign trade situation will be twists and turns.

"The best way is to go beyond the intermediate links, set up marketing windows outside the country, and do business directly with the terminals."

Ying Wang textile company responsible person said, because most enterprises are dealing with middlemen, the more grim the situation, the more disputes, business harder.

Shaoxing County Foreign Trade and Economic Cooperation Bureau recently conducted special investigations, and found that the export situation of all enterprises outside the window is acceptable.

Po textile company set up a window outside the country last year, and exports amounted to US $60 million from 1 to August this year.

The "five oceans" also have windows overseas, and the export volume is 29 million 110 thousand US dollars in the first 8 months.

There are nearly 100 marketing channels for enterprises in Shaoxing to operate overseas. In the 1-8 months of this year, the export volume was about US $500 million, accounting for 10% of the total export volume of the county.

"We are encouraging everyone to go out."

The head of the county's foreign trade and Economic Cooperation Bureau said that this is one of the ways to reduce risks and increase profits for foreign trade enterprises.