The impact of tariffs on the import of home textile products: taking the US market as an example

1. Introduction

In the context of global economic integration, international trade has become increasingly frequent, and home textile products, as a necessity of daily life, occupy an important position in the international market. As one of the world’s largest consumer markets, the United States has a huge demand for home textile products, and its import market is influenced by various factors, with tariff policies being a key factor. The adjustment of tariffs not only directly affects the import cost of home textile products, but also has a profound impact on the decision-making of enterprises, market competition patterns, and consumer behavior in the entire industry chain. At present, Trump has imposed equivalent tariffs on the world, with China now facing a 104% equivalent tariff, launching a trade war and basically cutting off trade relations between China and the United States.

Jopalic.com | The impact of tariffs on the import of home textile products: taking the US market as an example

2. Current situation of imported home textile products in the US market

2.1 Overall Scale and Trends

In recent years, the overall import of home textile products in the US market has shown a certain scale and trend of change. According to relevant data statistics, in the past period, the United States has been the main importer of home textile products, and the annual import volume of home textile products has remained at a high level. From a long-term trend perspective, although influenced by various factors such as the global economic situation and trade policies, the overall import value of home textile products shows a stable and upward trend. However, in certain specific years, such as the outbreak of the global financial crisis or the intensification of trade frictions, there may be brief fluctuations and declines in import volume.

2.2 Main source countries of imports

The import sources of home textile products in the US market are relatively extensive, with multiple countries and regions being important suppliers. China has long been the largest source of imported home textile products from the United States. With a sound industrial system, abundant labor resources, and high production efficiency, Chinese home textile products have occupied a significant share of the US market. In addition to China, Asian countries such as India, Pakistan, and Vietnam are also important sources of imported home textile products for the United States. India has certain advantages in the supply of raw materials for home textile products and the production of specialty products. Its cotton and linen home textile products exported to the United States are quite popular in the market; Pakistan has a cost advantage in the production of some basic home textile products, with exports to the United States mainly consisting of mid to low end products; In recent years, Vietnam has grown rapidly in the export of home textile products, gradually emerging in the US market, thanks to its labor cost advantage and favorable trade policies. In addition, some European countries such as Italy have gained a foothold in the high-end home textile product market in the United States with their exquisite craftsmanship and high-end design. Mainly Southeast Asian countries, exporting home textile products to the United States is the pillar industry of the entire country.

2.3 Product Structure and Characteristics

The imported home textile products in the US market cover a rich and diverse range of categories, and the product structure presents a diversified feature. From the perspective of product types, bedding (such as bed sheets, duvet covers, pillowcases, etc.), curtains, towels, carpets, etc. are the main imported categories. Among them, the import scale of bedding is the largest, accounting for about 43.5% of the total import volume of home textile products. This is mainly due to the stable market demand and relatively high frequency of updates and replacements of bedding as a necessity for daily life. In terms of product features, American consumers are increasingly concerned about the quality, style, and functionality of home textile products. In terms of quality, they focus on the durability, comfort, and environmental performance of their products; In terms of style, pursuing fashionable and personalized design that can match different home decoration styles; In terms of functionality, home textile products with special functions such as antibacterial, mite resistant, moisture wicking, etc. are increasingly favored by consumers. For example, towels and bedding with antibacterial properties have been increasing in market sales year by year due to their ability to meet consumers’ pursuit of a healthy lifestyle. Meanwhile, with the continuous improvement of environmental awareness among American consumers, the market demand for home textile products made from environmentally friendly materials such as organic cotton and recycled fibers is also expanding.

3.Overview of US Tariff Policy

3.1 Historical Evolution and Major Policies

The development of US tariff policy has gone through a long historical evolution process, and its adjustments are often closely related to the political and economic situation at that time. In the early days, US tariff policies were mainly aimed at protecting domestic industries by setting high tariff barriers to restrict imports and promote the development of domestic manufacturing. With the continuous strengthening of the US economy and changes in the global trade landscape, tariff policies are gradually being adjusted. In the late 20th century to early 21st century, the United States implemented trade liberalization policies to some extent, with tariff levels decreasing to promote international trade and meet domestic consumers’ demand for diversified goods. However, in recent years, due to factors such as slow economic recovery and employment pressure, US trade protectionism has risen, and tariff policies have once again become an important means for regulating trade balance and protecting domestic industries. Among them, the main policies related to the import of home textile products include imposing additional tariffs on home textile products from specific countries. For example, during the trade friction, the United States imposed high tariffs on some home textile products imported from China, gradually increasing the tax rate from the initial 2.2% to 20%.

3.2 Purpose and considerations of tariff setting

The United States sets tariffs on home textile products mainly based on the following purposes and considerations. Firstly, protecting domestic related industries is one of the important goals. Although there are also home textile production enterprises in the United States, they are in a relatively disadvantaged position when facing competition from low-cost, large-scale production from abroad. By setting tariffs and increasing the cost of imported products, domestic enterprises can gain a certain advantage in price competition, thereby protecting the survival and development space of domestic industries and maintaining relevant employment opportunities. Secondly, adjusting trade balance is also a consideration factor in tariff setting. The United States has long had a significant trade deficit in home textile products. By increasing tariffs, the import volume can be reduced, which to some extent alleviates the pressure of trade deficit and promotes the balance of trade balance. In addition, political factors also play a role in the formulation of tariff policies. In some cases, the United States may set high tariffs on home textile products from specific countries for political purposes, as a bargaining chip in diplomatic negotiations or in response to other countries’ policies. For example, in some international political disputes, the United States may exert pressure on other countries by imposing tariffs to achieve its political intentions.

3.3 Current tariff system and tariff rate situation

At present, the import tariff system for home textile products in the United States is quite complex, with tax rates varying based on factors such as product category, material, and place of origin. The tariff rate for tariff products has now reached 104%, setting a historical record. In addition, the United States implements differentiated tax rates on home textile products from different countries and regions based on different trade agreements and rules of origin. For countries that have signed free trade agreements with the United States, such as Canada and Mexico, some home textile products can enjoy lower or even zero tariff treatment; For countries that do not enjoy preferential treatment, products are required to pay tariffs at the regular tax rate. At the same time, the United States has frequently adjusted its tariff policies in recent years, imposing additional tariffs on home textile products from some countries, making the actual tax rate situation more complex and variable, bringing greater uncertainty to importers and related enterprises.

4.The impact of tariffs on the import prices of home textile products

4.1 Direct Cost Transmission Mechanism

The impact of tariffs on the import prices of home textile products is first reflected in the transmission of direct costs. When the United States imposes tariffs on imported home textile products, importers need to pay the corresponding taxes to US customs. This part of the tariff cost directly increases the purchase cost of imported goods. In order to maintain a certain profit margin, importers often pass on this increased cost to the product price. For example, suppose a pure cotton bed sheet imported from China has a landed price of $20 per sheet before tariffs are imposed. After the United States imposes a 15% tariff on this type of product, the importer needs to pay an additional $3 ($20 x 15%) tariff. In order to ensure their own profits, importers may increase the selling price of the bed sheet to over $23, which will require end consumers to pay a higher price when purchasing the product. This direct cost transmission mechanism is particularly evident in the short term after tariff adjustments, as imported product prices will rapidly rise with the increase of tariff rates.

4.2 Price Elasticity and Market Reaction

However, the magnitude of price increases caused by tariffs is not solely determined by the tariff rate itself, but is also influenced by factors such as product price elasticity and market competition. Price elasticity reflects the sensitivity of consumers to price changes. For home textile products, there are differences in price elasticity among different categories. Generally speaking, some basic and functionally limited home textile products, such as ordinary pure cotton towels and basic bed sheets, have relatively low price elasticity. This is because these products are essential for daily life, and consumers have a relatively rigid demand for them. Even if the price increases, the purchase volume of consumers will not decrease significantly. For example, when the price of ordinary pure cotton towels increases by 10% due to tariffs, their sales may only decrease by about 5%. On the contrary, for some high-end, personalized design or home textile products with special functions, such as high-end silk bedding sets, smart curtains, etc., the price elasticity is relatively large. Consumers of such products are usually price sensitive and there are many alternative products available in the market. When tariffs lead to price increases, consumers may choose to reduce their purchases or switch to other more reasonably priced alternatives. For example, the sales of a high-end silk bedding set from a certain brand may decrease by more than 30% due to a 20% increase in tariff prices. In addition, market competition can also affect price elasticity. In a fiercely competitive market environment, importers may bear a portion of tariff costs themselves in order to maintain market share, thereby limiting the extent of price increases; In relatively weak market competition, importers are more likely to pass on all tariff costs to consumers, leading to a significant increase in prices.

4.3 Case Study: Price Comparison Before and After Tariffs

Taking the sofa cushions exported from China to the United States as an example, before the tariff adjustment, the retail price of a regular cotton sofa cushion of this brand in the US market was $50 per set, and its production cost was $30 per set. The profit margin for importers was $20 per set. After the United States imposed a 20% tariff on Chinese sofa cushion products of this type, the import cost for importers increased from $30 per set to $36 per set ($30 x (1+20%)). In order to ensure a certain profit, the importer raised the retail price to $55 per set, reducing the importer’s profit margin to $19 per set. Compared to before the tariff adjustment, consumers need to pay an additional $5 to purchase this sofa cushion, with a price increase of 10%. Taking another high-end wool carpet as an example, before the tariff adjustment, the price of the carpet in the US market was $200 per square meter, the cost was $120 per square meter, and the profit was $80 per square meter. After the United States imposed a 30% tariff on this type of product, the cost increased to $156 per square meter ($120 x (1+30%)), and importers raised the price to $230 per square meter. Consumers would need to pay an additional $30 to purchase the carpet, resulting in a 15% price increase. However, due to the high price elasticity of high-end wool carpets, their market sales have significantly declined after the price increase, with a decrease of about 25% compared to before the tariff adjustment. Through these cases, it is clear that tariffs have a significant impact on the import prices and market sales of home textile products.

5.The impact of tariffs on the import demand for home textile products

5.1 Changes in Consumer Behavior

Tariffs have led to an increase in import prices of home textile products, directly affecting consumer purchasing behavior. On the one hand, for basic home textile products with low price elasticity, although consumers will not significantly reduce their purchase volume due to price increases, it will to some extent reduce their willingness to purchase. For example, consumers may have originally changed bed sheets and duvet covers once a year, but due to price increases, some consumers may choose to extend their usage cycle and switch to changing them every two years, thereby reducing the overall demand for such products. On the other hand, for high-end or special functional home textile products with high price elasticity, changes in consumer behavior are more pronounced. Consumers may give up purchasing such products due to price increases and instead choose more affordable alternatives. For example, some consumers who originally intended to purchase high-end smart curtains may choose to buy regular manual curtains after the tariffs caused a significant increase in prices; Consumers who originally preferred imported high-end bedding may turn to purchasing domestic brand products with relatively lower prices. In addition, consumers’ consumption psychology will also be affected by tariffs. During the tariff adjustment period, market prices fluctuated greatly, and consumers may adopt a wait-and-see attitude, delaying their purchasing decisions and further suppressing the import demand for home textile products.

5.2 Demand substitution effect

The existence of tariffs prompts consumers to seek more reasonably priced alternatives, thereby triggering a demand substitution effect. This substitution effect is mainly reflected in two aspects: one is the substitution between products from different import source countries. When the United States imposes high tariffs on home textile products from a certain country, consumers may turn to importing similar products from other countries that are not affected by tariffs or have lower tariffs. For example, during the trade friction, the United States imposed tariffs on Chinese home textile products, and some American consumers began to increase imports of home textile products from countries such as India and Vietnam. According to relevant data, during the period after tariff adjustments, the number of home textile products imported by the United States from India increased by 3% year-on-year, and the number of home textile products imported from Vietnam increased by 4% year-on-year. The second is the substitution of imported products by domestic products. With the rise in prices of imported home textile products, the competitiveness of domestically produced home textile products in the United States has relatively increased, and some consumers will choose to purchase domestic products. Some domestic home textile companies in the United States seized this opportunity, increased production investment, improved product quality and market promotion efforts, and their product market share has increased. For example, a domestic home textile brand in the United States increased its market share by 3 percentage points after tariff adjustments by launching a series of cost-effective products.

5.3 Changes in Total Market Demand

Taking into account changes in consumer behavior and demand substitution effects, tariffs have had a complex impact on the total demand for home textile products in the US market. In the short term, due to price increases and consumer wait-and-see mentality, the total market demand for home textile products usually decreases to a certain extent. For example, in the initial stage of tariff adjustment, the sales of home textile products in the US market may decrease by [X]% month on month. However, in the long run, the overall change in market demand depends on the combined effect of multiple factors. If the demand substitution effect is significant, that is, consumers can smoothly find suitable substitutes, whether it is imported products from other countries or domestic products, then the total market demand may gradually recover to near the level before tariff adjustment, and even increase in some cases. For example, with the continuous expansion of the scale of imported home textile products from countries such as India and Vietnam, as well as the development of the domestic home textile industry, the total demand for home textile products in the US market has gradually recovered and shown a certain growth trend after a period of adjustment. But if the substitution process is not smooth, such as the supply of products from other countries cannot meet the demand of the US market, or the quality and style of domestic products cannot meet consumer expectations, the total market demand may continue to be sluggish, which will have a negative impact on the entire home textile product import market.

6.The impact of tariffs on the market share of imported home textile products

6.1 Impact on the share of different import source countries

The adjustment of tariff policies has had a significant differentiated impact on the market share of home textile products from different import sources in the US market. Taking China as an example, it has long been the largest source of imported home textile products for the United States, occupying a significant market share. However, with the United States imposing high tariffs on Chinese home textile products, the price competitiveness of Chinese products in the US market has been weakened, and their market share has declined. After the imposition of tariffs, the market share of Chinese home textile products in the US market decreased from 35% to 15%. At the same time, some countries that are not affected by tariffs or have lower tariffs, such as India, Vietnam, etc., are continuously increasing their market share in the US market due to their price advantages. The market share of Indian home textile products in the US market has increased from 12% before tariff adjustment to 15%, and the market share in Vietnam has also increased from 15% to 18%. Some European countries, such as Italy, due to their products mainly targeting the high-end market with high added value, the impact of tariffs on their market share is relatively small. During the tariff adjustment period, their market share in the high-end home textile product market in the United States remained stable at around 6%.

6.2 Impact on Domestic Industry Share in the United States

The tariff policy has provided opportunities for the development of the domestic home textile industry in the United States to a certain extent, which helps to increase its market share. After the United States imposed tariffs on imported home textile products, the prices of imported products increased, and the competitiveness of products produced by domestic American companies in terms of price relatively strengthened. Due to price considerations, some consumers have started to turn to purchasing domestic products in the United States. At the same time, the US government may introduce some supporting policies to support the development of local industries, such as providing subsidies, tax incentives, etc., to further promote the production and sales of local enterprises. However, the increase in the share of domestic industries in the United States also faces some challenges. On the one hand, there is a gap between domestic home textile enterprises in the United States and some importing countries in terms of production scale and industrial chain support, which makes it difficult to fully meet market demand in the short term; On the other hand, long-term reliance on tariff protection may lead to a lack of innovation drive for local enterprises, gradually losing their advantage in international market competition.

6.3 Dynamic Process of Market Share Changes

The change in market share of imported home textile products in the US market is a dynamic process that is continuously influenced by multiple factors. In the initial stage of tariff adjustment, the change in market share is mainly driven by price differences caused by tariff costs. The market share of products from countries that are more affected by tariffs rapidly decreases, while the market share of products from countries that are not affected or have lower tariffs rapidly increases. As time goes by, other factors such as product quality, brand influence, and supply chain stability gradually become prominent in their impact on market share. For example, some home textile companies in certain countries can maintain or increase their market share even under certain tariff pressures by improving product quality and strengthening brand building. Meanwhile, the stability of the supply chain has also become a key factor affecting market share. In the complex and ever-changing global trade environment, countries and enterprises that can ensure stable supply have a competitive advantage. In addition, changes in consumer demand are also important factors affecting the dynamic changes in market share. With the increasing demand of consumers for environmental protection, health and other aspects, countries and enterprises that can produce products that meet the new needs of consumers are more likely to gain an advantage in market share competition. Therefore, the market share of imported home textile products in the US market is constantly changing and adjusting due to the combined effects of tariffs and other factors.

7. The impact of tariffs on the import industry chain of home textile products

7.1 Impact on Importers

The adjustment of tariffs has had multiple direct impacts on the operations of importers of home textile products. Firstly, the increase in tariff costs directly compresses the profit margin of importers. As mentioned earlier, importers need to bear the increased purchasing costs due to tariff increases, and in the fiercely competitive market, it is difficult for importers to pass on all costs to consumers, which undoubtedly squeezes profits. We know that many importers have already raised prices, but there is no way to pass on all the tariffs to consumers.

Secondly, the uncertainty of tariff policies increases the operational risks for importers. The United States frequently adjusts tariff rates and ranges, making it difficult for importers to accurately estimate future costs. This causes importers to have many concerns when signing purchase contracts and developing sales plans. Once the trend of tariffs is misjudged, goods may face high tariffs upon arrival at the port, leading to cost control and even losses. For example, importers have signed a large number of home textile product procurement contracts based on lower tariff expectations, resulting in a significant increase in tariffs during the transportation of goods. Importers have to bear additional costs and disrupt their business rhythm.

Furthermore, in order to cope with tariff pressure, importers need to re plan their supply chain. They may try to find suppliers from countries with lower tariffs or adjust the category structure of purchased products. This process is not only time-consuming and laborious, but also involves many uncertainties. The new supplier may have differences in product quality, delivery time, and other aspects compared to the original supplier, and importers need to invest time and resources in evaluation and adaptation. For example, an importer who switched from China to Vietnam to purchase some home textile products initially faced problems such as unstable production processes and delivery delays from Vietnamese suppliers, which affected the timeliness and stability of product supply.

7.2 Impact on Manufacturers

For domestic home textile producers in the United States, tariff adjustments have brought both opportunities and challenges. The increase in tariffs has led to an increase in the prices of imported products, giving local products an advantage in price competition and increasing demand, prompting local producers to expand their production scale. Some companies that were originally facing fierce competition from imported products and were on the brink of losses have seen a turning point due to tariff adjustments, allowing them to regain profitability and increase investment in equipment updates and technological research and development. Nowadays, many companies in the United States have carried out localization and locally produced various home textile products. After tariff adjustments, market demand has increased by 30%. Companies have taken this opportunity to purchase advanced production equipment, improve production efficiency, and significantly improve product quality.

However, local producers also face the problems of rising raw material costs and unskilled and expensive labor. Due to the hollowing out of the industry, some home textile raw materials rely on imports. In addition, the cost of labor has led to higher production costs for products than imports. In addition, the increase in tariffs has led to a rise in the prices of imported raw materials. If companies are unable to fully pass on these costs to consumers, their profit margins will be squeezed. Taking enterprises producing pure cotton home textile products as an example, with cotton as the main raw material, if the import tariff on cotton increases, the production cost of the enterprise will significantly rise. At the same time, although market demand has increased, due to the long-term impact of imported products, local producers have certain limitations in expanding production capacity, making it difficult to fully meet market demand in the short term, which may lead to the loss of some orders.

For home textile manufacturers exporting to the United States, tariffs have a more direct impact. Manufacturers with a large market share in the United States, such as Jopalic, have experienced a sharp decline in export orders due to reduced price competitiveness caused by tariffs. Enterprises have to adjust their production plans, reduce production capacity, and may even face pressure to lay off employees. In order to maintain their market share in the United States, some manufacturers have attempted to respond by reducing production costs and increasing product added value. For example, companies can reduce labor costs by optimizing production processes, improving automation levels, and increasing research and development investment to launch products with higher technological content and unique designs. However, this requires a significant amount of capital and time investment, which is a huge test of the company’s strength.

7.3 Impact on raw material suppliers

The impact of tariff changes on suppliers of raw materials for home textile products should not be underestimated. When the United States imposes tariffs on imported home textile products, causing changes in the production scale and demand structure of home textile products, the business of raw material suppliers is also affected. For domestic raw material suppliers, if local home textile manufacturers expand production due to tariff benefits, the demand for domestic raw materials will correspondingly increase, which brings business growth opportunities for domestic suppliers. For example, domestic cotton suppliers in the United States may experience an increase in demand for cotton and sales due to the expansion of production by local home textile companies.

But for international raw material suppliers, the situation is more complicated. If the export of home textile products from its main supplier countries is severely affected by US tariffs and orders decrease, the demand for related raw materials will also decrease significantly. Taking China’s export of home textile products to the United States as an example, if the export volume drops significantly due to tariffs, the domestic demand for home textile raw materials such as synthetic fibers and silk in China will also decrease, thereby affecting the international suppliers of these raw materials. In addition, raw material suppliers also need to deal with issues such as increased transportation costs and exchange rate fluctuations caused by tariffs, which further exacerbate the uncertainty of the raw material market and increase the operational risks of suppliers.

8.Strategies and Suggestions for Dealing with the Impact of Tariffs

8.1 Importer’s Response Strategies

Importers can adopt diversified procurement strategies to reduce dependence on suppliers from a single country or region. In addition to focusing on traditional import source countries, actively exploring emerging markets, and seeking suppliers with tariff policies, reasonable costs, and guaranteed product quality. We suggest that during trade frictions, some importers increase their procurement proportion from Southeast Asia, South Asia, and other regions, effectively reducing tariff costs. At the same time, while maintaining existing channels, American importers should strengthen cooperation and communication with existing suppliers to jointly address tariff challenges. Building trust between the two sides is not easy, and at this time, it is even more necessary to closely connect and overcome this period together. Stable procurement costs can be achieved through signing long-term cooperation agreements, negotiating cost sharing mechanisms, and other means. For example, agreeing with suppliers that during tariff adjustments, both parties will share the increased tariff costs in a certain proportion to enhance the stability of cooperation. In addition, importers also need to strengthen the research and prediction of tariff policies, establish a professional policy research team or rely on external consulting agencies to timely grasp the dynamics of tariff policies, adjust purchase and sales plans in advance, and reduce the risks brought by policy uncertainty.

8.2 Manufacturer’s Response Strategies

For domestic producers in the United States, they should seize the market opportunities brought by tariffs and increase their efforts in technological innovation and brand building. By introducing advanced production technology, optimizing production processes, improving production efficiency, reducing production costs, and further enhancing the competitiveness of products in terms of price and quality. At the same time, we focus on brand building, strengthen market promotion, enhance brand awareness and reputation, and meet the increasingly diverse needs of consumers. For example, some domestic home textile companies in the United States have created a high-end brand image and increased product added value and market share by launching characteristic product lines such as environmental protection and intelligence. For foreign export-oriented manufacturers, on the one hand, they need to reduce production costs through technological upgrades, management optimization, and other means to offset the cost pressure caused by tariff increases; On the other hand, we need to actively expand diversified markets and reduce our dependence on the single market of the United States. We can strengthen our development in the domestic market and other international markets, such as increasing investment in markets in Europe and other Asian countries, and seeking new business growth points. In addition, cross-border e-commerce can be conducted to directly sell products to American consumers, reducing intermediaries and increasing profit margins.

8.3 The role of government and industry associations

The government plays an important role in addressing the impact of tariffs. The US government should take a long-term perspective and carefully formulate tariff policies to avoid the negative impact of excessive protectionism on the domestic economy and consumer interests. At the same time, the government can help local home textile enterprises enhance their competitiveness and achieve industrial upgrading by providing industry support policies such as tax incentives and research and development subsidies. For the government of the exporting country, it should strengthen communication and consultation with the US government, strive for a fair and reasonable trade environment through diplomatic channels and trade negotiations, and safeguard the legitimate rights and interests of domestic enterprises. In addition, the government can also establish a trade service platform to provide services such as tariff policy interpretation and market information consultation for enterprises, helping them better cope with tariff challenges.

As a bridge between enterprises and governments, industry associations should fully leverage their coordination and service functions. On the one hand, industry associations should strengthen industry self-discipline, regulate market order, avoid vicious competition between enterprises, and guide enterprises to jointly cope with tariff pressure. On the other hand, industry associations should actively organize enterprises to carry out technical exchanges, market expansion and other activities to enhance the overall competitiveness of the industry. For example, organizing home textile enterprises to participate in international exhibitions and helping them explore international markets; Conduct industry technical training to enhance the technological level of enterprises. At the same time, industry associations should also represent industry enterprises to communicate with the government, reflect their demands, and promote the introduction of policies that are conducive to the development of the industry.

9.Conclusion

Tariffs, as an important policy tool for the United States to regulate trade balance and protect domestic industries, have had a comprehensive and profound impact on the import market of home textile products. From the perspective of import prices, tariffs directly lead to an increase in import costs, which through the direct cost transmission mechanism causes product prices to rise, and the magnitude of price increases is constrained by product price elasticity and market competition. In terms of import demand, tariffs trigger changes in consumer behavior and generate demand substitution effects, which have different short-term and long-term impacts on the total market demand. In terms of market share, the market share of different import source countries has shown significant differentiation due to tariffs. Although there are opportunities to increase the market share of domestic industries in the United States, they also face many challenges, and the market share is in a dynamic process of change. At the level of the industrial chain, tariffs have had complex impacts on various links such as importers, producers, and raw material suppliers, increasing operational risks and uncertainties.

Faced with the impact of tariffs, importers, producers, governments, and industry associations need to work together to adopt a series of response strategies such as diversified procurement, technological innovation, market expansion, and policy coordination. In the context of global economic integration, excessive tariff protection is not a long-term solution. All parties should strengthen cooperation and communication, promote the establishment of a fair, reasonable, and open international trade order, promote the healthy and stable development of international trade in home textile products, and achieve mutual benefit and win-win results for all parties. Only in this way can we effectively respond to tariff challenges in a complex and ever-changing trade environment, ensuring the smooth operation of the home textile product import market and the sustainable development of the industry.

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