— Chinese producers flood our markets with inexpensive goods “ says trade expert Gerrit Heinemann of Lower Rhine University. Reason: Trump duties block free access to an crucial American market. The Chinese direct their goods to us — at the lowest prices.
This applies practically all categories of products but food. — From smartphones to office supplies, from toys to clothing, says Heinemann. On Chinese platforms, specified as Temu, AliExpress and Sheinconsumers can anticipate even more utmost price cuts in the short term. “ frequently at the expense of quality products,” adds the economist.
The retail expert claims that the low-cost suppliers tripled their marketplace share in Germany in 2024. “This means a failure of about EUR 5 billion (PLN 21 billion) of sales to the local retail sector,” explains Heinemann.
"The fresh York Times" sees a "wave of exports" that threatens to "close factories and layoffs not only in the US but around the world". — Tsunami will hit everyone “ says American trade expert Katherine Tai.
Most sectors will suffer
Clothing. — Suppliers specified as Sheinwho sale ultrafast fashion produced in China at low prices, can now become Even more aggressive “The trade expert Gunter Rieck Moncayo from the Konrad Adenauer Foundation provides.
“ Far East producers in Bangladesh and Vietnam are now besides subject to advanced American duties,” adds Rieck Moncayo. “This can besides have consequences for global trade flows. The more they are redirected, the greater the impact on the prices of products specified as T-shirts, jeans and sports shoes in Europe.
Toys. “The hard goods will become cheaper,” says Gerrit Heinemann. From toy guns to sand molds and slides.
Electrical. Customs will affect computers, laptops, tablets, televisions, smartphones. The United States was a lucrative marketplace for Chinese producers specified as Lenovo, Hisense and Xiaomi. “The warehouses are full and the products must be sold quickly. fresh generation models are constantly appearing on the market, says Rieck Moncayo.
Apple It can besides be dragged into a price war. “ 90% of all iPhones are built in China,” says Heinemann. Now a 34 percent work on imports from the US will origin a price explosion.
“The nail in the coffin”
Furniture. “ inexpensive bulk-produced goods enter large furniture chains,” explains Rieck Moncayo.
Car industry. German car manufacturers are under dense force due to duties. Chinese brands specified as Geely, BYD and Nio receive VW and the company marketplace share. “ German producers cannot keep up with prices,” says Gerrit Heinemann.
The trade expert warns that the opportunities offered to consumers are dramatic to our economy. “ Trump’s Tariffs are a coffin nail for the German retail sector, and thus for our city centres. More shops will be closed, he adds.
EU working on remedies against excess products from China. “I do not anticipate them to change their export model for overcapacity,” says 1 EU diplomat in a conversation with the Financial Times.
The EU already imposes duties of up to 35% on Chinese electrical cars. Brussels may besides be forced to introduce "significantly higher" duties on another products to counter the Chinese flood.
