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US-China Trade War Tariff Delay Not Falling Through As Expected

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US-China Trade War Tariff Delay Not Falling Through As Expected

Aug 15, 2019

On the 13th of August, US President Donald Trump announced that he will push back the date of the 10% tariff hike on a wide range of Chinese-made goods from the initial deadline of the 1st of September to the 15th of December. Unfortunately, many apparels and clothing accessories were not covered under the delayed provisions, another casualty in the ongoing US-China trade war. On the one hand, with a 10% increase in wholesale price levels, many clothing and apparel retailers in the US are now sure to experience intense income pressures, especially heading towards the end of the year with the crucial Christmas gift shopping season arriving soon, which generates a significant proportion of the annual revenue and profit stream. On the other hand, many Chinese manufacturers, having no choice but to increase their wholesale prices, will inevitably suffer a decline in the order quantities they receive from US-based operators, resulting in excess inventories, cancelled orders and thus large scale stock clearances across the board at highly discounted prices. With businesses on both sides of the Pacific suffering, how do you as a business owner minimise the impact of higher wholesale prices leading to poorer sales prospects?

 

This is where Tailormax Stockloter has you covered. Over the last decade, Tailormax Stockloter has built up and perfected the expertise in acquiring the lowest cost products at a wholesale level. By sourcing quality apparels, garment accessories, footwear, bags and luggages as well as a broad set of other goods at rock bottom prices direct from the factory gates, with no other intermediaries involved in the acquisition process, we ensure that our clients always maintain a price advantage over their counterparts, which is now of the utmost importance given the increasingly competitive global business environment of today, as the US-China trade war drag on with no final resolution on the horizon. Tailormax Stockloter aims to deliver you the best value proposition for whatever apparels, textiles and garment accessories you are looking for, for our motto is “the best cost saver for your stores!”

 

We are looking forward to your inquiries soon!

 

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