China International Capital Corporation (CICC)<\/a> run contrary to earlier claims by US officials \u2013 including Treasury Secretary Scott Bessent \u2013 that Washington has been on the winning side of the global tariff blitz rolled out in April.<\/p>\n\u201cUS importers, sandwiched in the middle of supply chains, find it difficult to fully pass costs to the end market or shift the burden entirely to exporters, so they cope by compressing profit margins,\u201d CICC analysts Liu Gang and Yang Xuanting wrote in a note published on Sunday.<\/p>\n
The research from CICC \u2013 a partially state-owned institution \u2013 was carried out to address the hypothesis that exporters could reduce their prices to mitigate tariffs. The authors attempted to calculate cost sharing through a regression analysis comparing shipment sizes, tariff rates and price changes in US imports.<\/p>\n
From April to July, for instance, the average price of goods imported from China dropped 2.4 per cent against an effective tariff increase of 27 percentage points.<\/p>\n
\u201cIt partly showed that Chinese goods have a strong competitive edge and bargaining power,\u201d the analysts said.<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese exporters appear to hold significant bargaining power in their trade with the United States, according to an…\n","protected":false},"author":2,"featured_media":36692,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[2000,1793,79,995,381,28515,28519,28514,28513,28518,28516,5122,356,179,18,2219,28517,19,17,386,28520,388,2712,107],"class_list":{"0":"post-36691","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asean","9":"tag-beijing","10":"tag-business","11":"tag-canada","12":"tag-china","13":"tag-china-exports","14":"tag-china-international-capital-corporation-cicc","15":"tag-china-tariffs","16":"tag-china-trade","17":"tag-china-us-trade-war","18":"tag-chinese-exporters","19":"tag-cpi","20":"tag-donald-trump","21":"tag-economy","22":"tag-eire","23":"tag-european-union","24":"tag-huang-yongxing","25":"tag-ie","26":"tag-ireland","27":"tag-japan","28":"tag-liu-gang","29":"tag-mexico","30":"tag-scott-bessent","31":"tag-us"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/36691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=36691"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/36691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/36692"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=36691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=36691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=36691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}