Europe and the United States adopt the next wave of sanctions on textiles

by:JIYALI     2021-08-14
For the first time in 10 years, China has experienced a decline in the export and sales of clothing to Europe and the United States. The Cotton Spinning Association stated that because of the decline in demand in Western countries and the appreciation of the renminbi, about half of the textile industry hopes to actively sell textiles.   The European Union and the United States want to see the people who are in trouble in China, and these numbers have increased rapidly recently. In the United Kingdom, the decline in Chinese exports has allowed China to get rid of the debate that Chinese goods will cover the world. But the commotion triggered by the Olympic torch reignited the fear of Chinese products. For example, US presidential candidates Hillary Clinton and Obama have supported sanctions against China.   The U.S. lifted its quota control on Vietnam's ready-made garments at the end of 2006, causing an even worse impact on China's trade. It is expected that after the United States lifts its quota control on China at the end of this year, similar demonstrators who curb Chinese system or anti-Chinese goods will appear more frequently on the streets of Western countries.  There are similar problems in Europe. The European Commission (EC) has continued to monitor products imported from China after the quota control was lifted at the end of 2007 to ensure that if any product imports are rapidly increasing, anti-dumping investigations can be taken immediately. The number of products imported from China in January this year was flat, and it seems unlikely that anti-dumping investigations will be taken. However, since the EU’s quota restrictions on 10 Chinese textiles ended on December 31, 2007, the reopened imports of shirts have grown by 25%.   In the recent atmosphere of tension and criticism of China, the political stance on imposing punitive tariffs on China is much stronger than it was a year ago, although the growth rate was higher at that time. But for Chinese exporters, the problem is not as simple as the lawmakers thought. Think of the views of British retailers who witnessed the protests outside the Oxford Street shops, and they also represent the views of every British fashion retailer.   However, everyone still remembers the incident that the European Union suddenly imposed restrictions on Chinese imports of ready-made garments in 2005, and the piles of unsaleable sweaters were hoarded in Chinese ports. Retailers decided not to fall into the same predicament.   Of course, whether the current high anti-China sentiment in Europe and the United States will continue until the next wave of popular media events is not certain, but prudent retailers dare not take this risk. China has provoked two forces that cannot be silenced, threatened and tempted: Western consumers and the US presidential election.   Whether consumers will refuse to buy Chinese ready-made clothes, or whether European and American legislators will increase trade barriers to China is still uncertain. However, China’s imports of ready-made garments in the United States and Europe have fallen, and anti-China noise or tax rates may become a major issue in an instant. Whether prudent retailers and brand owners reduce their purchases in China will soon have an answer. No matter who designed the situation in China, it must be responsible for lobbying for Chinese textiles to enter the US market. Stay out of the chaos.
Custom message
Chat Online 编辑模式下无法使用
Chat Online inputting...
Thank you for your enquiry. We will get back to you ASAP