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How can silicone companies cope with tariff pressure under the China US trade friction?

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The escalating trade friction between China and the United States has put enormous tariff pressure on silicone enterprises. With the continuous rise of tariffs, the export costs of silicone enterprises continue to increase, and their profit margins are severely squeezed. To address this challenge, silicone companies must take proactive and effective measures to reduce the cost pressure caused by tariffs.

Firstly, silicone companies can strengthen communication and collaboration with international customers to jointly share the cost pressure caused by tariffs. By negotiating price adjustments and sharing tariffs with customers, we aim to achieve mutual benefit and common development. Secondly, silicone companies can actively explore emerging markets and reduce their dependence on the US market. By diversifying market layout and adjusting marketing strategies, we aim to reduce market risks and increase market share.
In addition, silicone enterprises can strengthen technology research and innovation, improve product added value and competitiveness. By continuously introducing new products and technological upgrades, meeting market and customer demands, and improving customer satisfaction and loyalty. Meanwhile, strengthening supply chain management is also one of the important means to reduce tariff pressure. By establishing long-term cooperative relationships and negotiation mechanisms with suppliers, we strive for more favorable procurement prices and payment terms, thereby reducing production costs and increasing profit margins.

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