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    Can The US Release A New Round Of Tariff Policy?

    2019/8/13 12:33:00 0

    TariffsPoliciesRetailing

    Recently, Trump issued a new tariff policy again. How to deal with the threat of the new tariff policy?

    According to the monthly global port tracking report jointly released by the National Retail Federation and Hackett consulting company, the import volume of major US retail container ports in August is expected to remain high in the rest of this month and the rest of the year.

    What is more noteworthy is that the retail industry in the United States will usher in the holiday shopping festival recently. This is very busy for the US retail industry. According to relevant information, the import season is from eight to October.

    Frantz, senior vice president, said: "these three months are for holiday preparation." And consumers will soon feel that the price is rising. How do retailers and consumers react to such a situation?

    According to the relevant investigation, the United States is inseparable from China's manufacturing in terms of daily necessities. According to American shoes, sixty percent of shoes in the American shoe market are imported from China.

    Forcing consumers to buy American goods?

    In this new round of tariff policy, almost all imports of retail products will be heavily influenced by tariffs. At this point, retailers may have to change the supply chain. This also means that American families will compare prices for daily necessities, and prices in the past are much higher.

    According to the survey, the United States imports 86% of China's imports, 61% of travel bags, 60% of footwear, 44% of furniture, 37% of textile and clothing, 27.1% of mechanical and electrical products, and 94% of laptop and tablet computers, 40% of digital cameras and 27% of household color TV.

    Most of them are high in daily necessities, which is not good news for American families. And the United States now basically has no domestic leather shoes, the American leather shoes in the United States market, in 1986 is 22 pairs per capita, 96 years down to 11 pairs, in 2006 dropped to 1 and a half, 2016 to a pair of double.

    Retail sales are accelerating.

    Today's retail industry is at the edge of one, and can be dropped by accident. The US retailers have issued a collective warning for the new round of tariffs, because a new round of tariff policy may lead to a slump in the whole industry, thus speeding up layoffs.

    And for some new retailers, the tariff is no doubt a promoter. "For those companies with unstable foundations, this (Guan Shui) will only allow them to be pushed to the edge more quickly." Hughes, President of the American fashion industry association (JuliaHughes) said.

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