Blog

Do you know that the Pu leather material is contained within the Trump 45% high tariffs

Published : 2016-11-16 17:53:28

Several months ago, when Donald Trump blames Chinese controlled RMB rates,take over American’s job and suggest to levy 45% taxes of importation products. Nobody trust that it would come true in future. However it may occurs in coming four year when Donald beat Hillary become the 45th president of USA.



Now it’s time for Trump to make his words come true during his term of being president. Trump would give pressure to Congress to adjust the rate and decrease the importation products to make Americans easily to get jobs.

The data from Unit Stats Commerce Department shows in 2015, the total amount of American products export to China reached $116.19 billion, reduced 6.1% compared with 2014. In the meanwhile, the total amount of Chinese products export to America reached $481.88 billion, increased 3.2% compared with 2014. In 2016 from January to June, the total amount of American products export to China reached 51.22 billion USD, reduced 8.2%. And also in the meanwhile, the total amount of Chinese products export to America reached $212.25 billion, it start decreasing 6.9%. However, China still be the biggest importation country to USA and the trade surplus still be large as $300 billion. 

According to the data above, here list the detail products for the exportation from China to America in 2015.

1.Electrical machine, sound equipment and other related components. ($133.0 billion)


2.Nuclear reactor, boiler, large equipment and related components. ($103.9 billion)


3.Furniture, home upholstery leather material, bedding, lightning and related components. ($28.1 billion)
home upholstery PU material

4.Sports equipment and small wares such as cheeses, gifts, toys, leather gloves, mobile cover, etc. ($24.5 billion)


5. PU leather for shoes and bags,exercising components these kind of accessories. ($17.2 billion)
PU Leather For Shoes And Bags

6.Knitted clothes including sweater, trousers, skirts, dress, etc. ($16.3 billion)


7.Un-knitted clothes such as garment pu leather, chaparejos, silk scarves, etc. ($14.7 billion)


8.Plastic products including injection molding and skin packing. ($14.3 billion)

9.Cars and related components. ($12.9 billion)


10.Optic glasses, photographing equipment, medical equipment and related components, etc. ($11.0 billion) 

We can get a conclusion, generally most of Chinese products still have its competitiveness to USA. However with the high cost of labor in China, furniture, tolls, clothes, shoes, accessories these kind of products will gradually replaced by other countries. Chinese enterprises and factories would face a new challenge of exportation to USA with the new presidents be in the white house.

Previous : 
Next :