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2022 Analysis of the Development Prospect of China’s Hardware tools Industry
The epidemic has caused European and American consumers to be concerned about personal hygiene, superimposed on the trend of home DIY renovation, making bathroom hardware one of the categories with a sharp increase in demand. Faucets, showers, bathroom hardware accessori...Read more -
High shipping cost will continue until 2023 and the hardware tools export will face new challenges
In the year of frequent supply chain disruptions, global container ship freight rates have soared, and rising shipping costs are putting pressure on Chinese traders. Industry insiders said that high freight rates may continue until 2023, so hardware exports will face mor...Read more -
The USA announced the restoration of 352 tariff exemptions for Chinese imports, including multiple hardware tools categories.
Recently, the Office of the United States Trade Representative (USTR) issued a statement announcing the exemption of 352 tariffs on imported goods from China, including multiple hardware tools categories. And the exemption period is from October 12, 2021 to December 31, ...Read more