Shipping Chinese goods in the United States are decliningSome experts warn that potential supply chain disruptions could arrive on shelves this summer before this summer.
With U.S. tariffs on Chinese imports as high as 145%, the supply of widespread products may begin to decline later this summer as return to school and holiday spending heats up. Experts warn that a sharp decline in trade activity could lead to product shortages from the 199 pandemic, including the use of materials in the United States or elsewhere or goods invested from China.
Many U.S. retailers are eager to build stocks before President Trump's full taxation, leading to a recent Import peak. Imports have since slowed down, with many retailers booking orders on clothing, baby products and other items that would normally be heading toward U.S. ports.
“Once this pull effect fades, U.S. companies face inventory shortages and remediation challenges, especially for back-school and holiday items,” analysts at investment bank TD Cowen wrote in a research note.
They added: “There is the most risk of shortage for China and its manufacturing companies and products.”
According to the financial company, the types of supplies were extracted as the company stocks, including computers, cars, cell phones and battery batteries. The financial company cites data from the Port of Los Angeles, Long Beach Port All imports from Asia are about 40%.
Supply chain management firm Flexport said container bookings from China to the U.S. fell 60% before pushing up before imports. TD Cowen found that the so-called “blank voyage,” or canceling voyages to the port of Los Angeles rose to 17 on May 17, up from the six months in April.
What does the United States import from China?
U.S. sellers imported from China have a wide variety of goods that are most likely to become scarce risks due to the trade war.
“Among them, Toys stand out TD Cowen analysts noted that this is particularly vulnerable, raising concerns about potential shortages in key holidays. ”
According to TD Cowen's analysis, the following are some products from China that are difficult to obtain in the United States due to tariffs.
Feathers: The United States imported $1.9 billion in feathers from China. This is equivalent to 77% of the country's total import supply. Down is often used in insulation for bedspreads and jackets.
Toys, Games and Sports Equipment: $30 billion in toys, Games and Sports Equipment imported from China. This accounts for more than 73% of the country's total imports in this category. Trade wars may have spelling shortages in children's toys, experts, experts, and President Trumpwarned.
Textile Art: The United States imports $8.6 billion in textiles from China. This accounts for more than half of all textile art imported from abroad in the country.
Footwear: The United States is highly dependent on shoes. It is worth $9.8 billion, or 36% of the footwear sold. Sportswear giant Adidas has warned that it hopes to raise prices for U.S. customers due to tariffs.
Tableware: Tableware made in China may also begin to become scarce. The United States imported $3.1 billion in tableware and metal tools from the country.
Glassware: Almost 30% of imported glassware in the United States and other products made of glass come from China.
Furniture and Bedding: $18.5 billion of furniture and bedding comes from China. That's 28% of all import categories in the United States.
Clothing: US$17.3 billion imported from China. These include knitted or crocheted clothing (nearly $10 billion) and unswitched clothing ($7.3 billion).
TD Cowen found that besides the higher costs of consumer goods, businesses in various industries may face other tariff-related challenges.
For example, the United States imports $124 billion in electric motors; $82 billion in nuclear reactors, boilers and other machinery; $12 billion in goods made of iron or steel; plastic from China and $19.3 billion in annually, according to the International Trade Administration.
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