Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Women’s clothing imports from China faces US tariffs

"For the first time, the next round of tariffs by the Trump administration will target apparel imports from China. A 10 per cent tariff will be levied on all clothing and shoes imported from China from September 1. 2019. As per Wall Street Journal’s analysis, these tariffs will have a greater impact on women’s and girl’s clothing and shoes as their imports from China was more than twice that of men and boys. The country imported around $23.5 billion worth of women’s and girl’s clothing and shoes from China in 2018."

Womens clothing imports from China faces USFor the first time, the next round of tariffs by the Trump administration will target apparel imports from China. A 10 per cent tariff will be levied on all clothing and shoes imported from China from September 1. 2019. As per Wall Street Journal’s analysis, these tariffs will have a greater impact on women’s and girl’s clothing and shoes as their imports from China was more than twice that of men and boys. The country imported around $23.5 billion worth of women’s and girl’s clothing and shoes from China in 2018. On the other hand, it imported $10.9 billion worth of men’s and boy’s clothing and shoes during the year.

Increased capabilities, more purchasing power to drive imports

One reason US imports more female clothes from China is because the Chinese apparel industry has theWomens clothing imports from China faces US tariffs capability to churn out latest trends. Also, as noted by Tamara Gureivich, an economist at the US International Trade Commission, women spend more on clothing than men. An average US household spends about $665 annually on women’s and girls’ apparel, compared to $427 spent by men.

The impending tariffs will affect most clothing purchases, as Americans spent nearly $400 billion on clothing and footwear in 2018, according to the Commerce Department. They would however lead some manufacturers to shift production elsewhere.

Tariffs to impact purchase quality and volume

Though a few importers and retailers would opt to swallow some or all of the costs—sparing shoppers, rest of them are likely to pass these tariff costs to their customers eventually. On their part, consumers will either opt to buy fewer garments or substitute items of lesser quality.

Opposing the tariffs, J. C. Penney Co said that the new tariffs would have a significant impact on its customers. Of the 19 items set to have the biggest tariff impact on the company and its customers, 13 are for women and girls, such as cotton-knit sweaters. Though women spend more on apparel and footwear than men do, even the existing tariffs on women’s clothing are higher than that on men’s clothing. Men’s clothing is usually imported from countries with whom the US has free trade agreements such as Mexico. This helps in reducing the tariffs on these items.

On the other hand, the US doesn’t have free-trade agreements with China and Vietnam, whose factories supply much of the clothing purchased by American women. This heavily impacts the imports of women’s clothing from China

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo