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re: American Chamber of Commerce in South China "US companies leaving China"
Posted on 5/22/19 at 1:41 pm to NC_Tigah
Posted on 5/22/19 at 1:41 pm to NC_Tigah
quote:
quote:
I import for a major retailer.
Good.
Then perhaps you can answer the question I was asking:
Reports are the CPC has successfully mitigated many tariff effects at the 10% level. How much did Chinese glove wholesale pricing actually increase with the 10% tariff?
Results for the 10% varied by vendor. Some vendors were able to mitigate the 10% The Chinese government increased the VAT rebate for the factories and some vendors passed that on in costs; some did not. Gloves for instance, did not pass much on (high margin category), but we were fully aware of what the new cost would be for the 25% tariff.
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