A woman meets a coffee and looks at her phone in the United Kingdom High Street.
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British retailers have warned that Chinese companies run the risk of flooding the United Kingdom with low -cost goods, since the tariffs of the president of the United States, Donald Trump, drown in access to the world’s largest consumption market.
The British retail consortium said that national companies had lent alarm on the cheapest “redirected” goods of the United States and to other markets following the 145% Trump rates in China, together with the closure of a low -cost key tax.
“Retailers are very concerned about the risk that some lower quality goods from the United States to Europe as a result of tariffs,” said Helen Dickinson, executive director of the BRC, in a statement.
Analysts marked that the risk was this special pronounced among Chinese producers who sell through online markets such as Amazon, Shein and Temu.
“The tastes of Shein and Temu, I suppose there is a risk of choosing exports to direct in Europe away from the United States and press the prices, particularly for retail retailers and retailers at the lower end,” Richard Chapnary Research, Chief of European Can, “Street Signs Europe” of CNBC.
Chamberlain added that he could reach the British and European companies with a lower cost such as the Primark clothing giant and the B&M household items. Primark declined to comment on the matter, while B&M did not immediately respond to the request for CNBC comments.
Earlier this month, President Trump signed an executive order that ended a fiscal escape “The Minimis” by cents for imports worth up to $ 800, to a measure established to hinder the rapid growth of low -cost retailers such as Shein and Temu.
Now, the United Kingdom retailers are asking that the United Kingdom government does the same for their own import exemption of imports of up to £ 135 ($ 178).
“In the light of current geopolitical tensions, the government must review the minimis rules to guarantee the best results for retailers in the United Kingdom and their clients,” Dickinson said BRC.
Andrew Goodacre, Ceo of the British Independent Retailers Association (Bira), Told Cnbc That Even Before the Tariff Announment, Member Firms Had Been Raising Conerns About The Volume of items Coming Into The Country Free In End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End To End to end to end to end to end to end to end to end tota te so an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an anap.
“For many months, we have the leg asking the Government to review the current duty of Minimis,” Goodacre said for Enamel. “Billions of products each year are sold through large markets, entering the tax free of taxes and also avodon VAT obligations.”
“The idea that Chinese companies also throw more goods through thesis channels, a real possibility, is a concern for large and small retailers,” he continued.
“While customers will see lower prices, it will establish an unfair market that comes out of brick and mortar shops at an even greater than normal disadvantage.”
However, Chamberlain suggested that the capacity of Chinese companies to flood other markets could be limited, since the additional cost of selling in the United States increases their costs in all areas.
“These Chinese electronic collaborators face costs of costs in their own right, especially with the changes in the minimis rules that should have to pay the import tariffs of exports to the US. UU. Tan glob, which means that indicated.