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[What signals does the tariff landing time release?]
Release date:[2024/12/12] Read a total of[30]time

In the process of the continuous development of global economic integration, tariff policy has always been a key element in the international trade arena, which is not only a powerful "shield" for countries to protect their own industries, but also an important "lever" to adjust the balance of import and export trade. In recent years, trade protectionism has been on the rise, and tariff policies have frequently become the fuse that causes economic and trade frictions. As the "tariff" President Trump often brandished the tariff stick, according to the so-called terms of many trading partners to impose tariffs, among which, Washington's expectation of imposing high tariffs, undoubtedly to China's export field, especially the textile and garment export industry has brought new challenges and variables.


What signals does the tariff landing time release?


Industry expectations of high tariffs from Washington will benefit Chinese export growth, at least in the short term. "Trump's return is likely to boost Chinese exports in the short term, as US importers step up purchases to get ahead of the tariffs," Capital Economics, a British economic research firm, wrote in a report last week.


The main basis for Trump's tariffs on China is Section 301, according to US legal procedures, the 301 investigation needs to be launched by the Office of the US Trade Representative, from the start of the investigation to the final action may take about a year, even if Trump immediately launched the investigation after taking office, tariffs are difficult to land next year.


However, the tariff list may be announced within the next year, export enterprises can use the time difference between the publication of the list and the landing effect in advance to grab exports, 2025, China's export to the United States a large probability of growth, the impact of tariffs will begin to appear in 2026.


In addition, in order to mitigate the impact on domestic importers and consumers, the United States has allowed companies to submit applications for tariff exemptions, helping to mitigate the impact on bilateral trade in the short term.


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