On the 23rd of August, US President Donald Trump announced tariff hikes on $250billion of Chinese imports from the current 25% to 30% effective as of the 1st of October, co-inciding with the 70th anniversary of the founding of the People’s Republic of China. Furthermore, new tariffs of 10% on a further $300 billion of Chinese imports, originally taking effect in two separate tranches on the 1st of September and the 15th of December, will now be increased to 15% instead. In retaliation, the Chinese government announced that additional tariffs of between 5% to 10% will be applied to $75 billion of US imports in two tranches on the same dates respectively. As a result, the ongoing trade war devolution is leading to a persistence of negative sentiment in the near term concerning the state of global trade and commerce among various multinational firms, non-government trade groups and national governments.
Surprisingly, in this moment of crisis lies a hidden opportunity. As manufacturers in China’s vast supply chain come under exponential pressure to slash prices and clear rising inventories from cancelled orders and overstocks, owing to the impending slowdown in global trade, there has never been a better time to acquire wholesale supplies at the lowest cost margins. Enter TailorMax Stockloter, for we are the global expert in a broad spectrum of quality stocklots goods, including apparels, home textiles and household supplies as well as bags and luggages. With a decade's expertise in sourcing from direct factory outlets, with no other third-party intermediaries involved in the process, you are sure to receive the best price available on your wholesale purchases from TailorMax Stockloter. Simply hop onto our website to browse the newest stocklots available or contact us at email@example.com for our latest catalogue, for we are the best cost saver for your stores!