avril 25, 2025
Home » What consequences on the global market? – release

What consequences on the global market? – release

What consequences on the global market? – release

Why could a syringe imported from China, formerly 15 cents, could now be worth more than 50 cents in the United States? The answer is due to a figure: 245. It is the American customs duties rate that strikes certain Chinese products for medical use, such as syringes or needles.

Fruit of the addition of a cascade of customs duties announced since 2024 by Biden administrations then Trump in the trade war between the United States to China, these taxes could shake up the global syringe market, an essential consumable product during vaccination campaigns and other surgical interventions.

The commercial showdown between the United States and China is not (only) the prerogative of Donald Trump. In September 2024, in the middle of the campaign for the presidential election, the Biden administration already required sectoral customs duties on China. Syringes and needles are 100 % taxed « To respond to public health emergencies ». Other medical products such as certain surgical masks or gloves are imposed between 25 and 50 %. All were until 2024 exempt from customs tariffs.

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