Global trade is experiencing epic benefits! There are only 3 days left untilApril 20 (next Monday)The United States officially launchesthe largest tariff refund in history. The U.S. Customs and Border Protection (CBP) has confirmed that it will refund a total of **166 billion U.S. dollars (approximately 1.13 trillion yuan)** to 330,000 importers across the United States in one-time refunds of illegal tariffs. As the main force of Sino-US trade, the textile and apparel industry will become one of the biggest beneficiaries.
This refund stems from the U.S. Supreme Court ruling that the tariffs previously imposed by the government were illegal and ultra vires and must be refunded in full. Although the refund will be issued directly to U.S. importers, it will significantly reduce their procurement costs and greatly enhance their willingness to purchase from China and their ability to pay. It is generally expected in the industry that after the policy is implemented, U.S. customers will quickly replenish inventory and expand the scale of orders, and the demand for textile and apparel procurement from China that has long been suppressed by high tariffs will be released intensively. For export companies such as Lixian Oumu Woolen Textile Co., Ltd. that are deeply involved in the U.S. market, this means triple benefits: Surge in order volume, relief of quotation pressure, and improvement in overall competitiveness. Coupled with falling domestic costs and export policy support, the inflection point for the recovery of foreign trade orders has arrived. Companies should actively connect with customers to seize this wave of historic dividends.