The Second Round Of Trade War Starts: American Businessmen Frantically Speed Up The Import Of Clothing, Footwear And Consumer Goods, And Open "Hoarding" Mode!

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 the hearing in early September, and the tax rate will be raised to 25% from the previous 10%.

Today's importers What is the status of 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, US importers are rushing to accelerate imports from China's largest Asian economy, according to US media. Clothing, shoes and hats And so on, so as to ensure that enough stocks are imported before the high tariff impact.

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."

US port imports surged. Warehousing tension

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 surge in incoming cargo has made the tight storage space near Losangeles port and Long Beach port even more tense.

A record of container throughput in Losangeles port

Jean Seloka, executive director of Losangeles port, said: "what we see in real time is that many stocks begin to be shipped ahead of schedule." Losangeles port It 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 busiest year in Long Beach port.

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, autumn fashion and year-end holiday products. Industry executives say commodities that accelerate imports to the United States include everything from clothing and footwear to toys, electronics and furniture. Consumer goods for spring fashion season also arrive ahead of schedule.

What about the next 200 billion dollars in Chinese products?

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

The United States has invited China to negotiate with Washington many times. Ministry of Commerce of China Vice Minister Wang Shouwen led 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.

Reuters reports

In an exclusive interview with Reuters, Trump said he did not think he would restart this week. US China trade talks Significant progress has been made, and he stressed that there is no "timetable" for resolving trade disputes between the US and China.

In addition, the Trump administration's hearing on customs duties of $200 billion on Chinese products was officially convened on 20, 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 taxable products have a wide range of consumer goods, from children's seats to the children's seats. Wedding dress To the coffin, everything is available, marriage, funeral and marriage. 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.