On the chessboard of global trade, the tariff stick of the United States is like a sudden storm, which has brought unprecedented challenges to China's textile industry. However, as the old saying goes, "a blessing in disguise", this adversity has also brought unexpected opportunities for China's textile industry and freight market.
Us tariff escalation: from 54% to 104%
On April 9, 2025, the United States government announced the implementation of tariffs of up to 104% on Chinese imports to the United States, which officially took effect at 00:01 AM Eastern time on April 9.
Previously, the United States announced on April 2 that it would impose a 10% benchmark tariff on all Chinese exports to the United States, and an additional 34% additional tariff on Chinese goods, bringing the comprehensive tax rate to 54%. The tariff escalation has further escalated tensions in the Sino-US trade friction.
The United States claims that the tariff adjustment is in response to the 34 percent tariff imposed by China on American exports. However, this unilateral act not only seriously violates international trade rules, but also has a huge impact on the global industrial chain and supply chain.
The "Danger" and "Machine" of Textile Industry
The impact of the US tariffs on China's textile industry is profound. Data show that from January to February 2025, China's cumulative textile and garment exports fell by 4.5% year-on-year, of which textile exports fell by 2%, and clothing exports fell by 6.9%. The increase in tariffs has significantly reduced the price competitiveness of Chinese textiles in the US market, and some orders have begun to transfer to low-cost countries such as Vietnam and Cambodia. Small and medium-sized enterprises bear the brunt of the increase in tariffs, resulting in higher costs, small and medium-sized enterprises with lower profit margins are difficult to bear the cost of tariffs, and the industry is expected to accelerate clearance.
However, in such adversity, the domestic textile industry has seen the dawn. The tariffs imposed by the United States have reduced the cost performance of high-end textile materials that rely on imports, which provides an alternative space for domestic high-end textiles. Domestic PA66 production capacity is in a stage of sharp rise, although there is still a gap with overseas head enterprises in quality, but external pressure has become an opportunity to accelerate industrial upgrading.
Enterprises have also begun to actively respond by sharing costs and buffering tariff pressure through the layout of the whole industrial chain. Domestic textile enterprises have also made breakthroughs in the research and development and production of high-end materials, such as Xiamen Dangsheng, Jiangsu Qingyun and other enterprises have broken through flash spinning technology. These technological breakthroughs not only improve product quality, but also enhance the competitiveness of domestic textiles in the international market.
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Us tariffs upgrade the "danger" and "machine" of the textile industry
