Analysis-US tariffs on Chinese medical imports face industry doubt as alternative suppliers emerge
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Higher U.S. tariffs on medical gloves, syringes, and face masks from China are unlikely to make U.S. producers more competitive as other low-cost suppliers are expected to fill the gap. Chinese firms could reroute shipments via overseas supply chains, and suppliers from other countries such as Malaysia could seize this opportunity. The tariffs on gloves are set to go into force in 2026, while the proposed duties on masks and syringes will take effect in August this year. The U.S. imported nearly $640 million in face masks, syringes, and gloves from China in 2023. China was the biggest exporter of medical-grade masks by volume in 2023, with an average selling price of $4.14 per kg, lower than rival exporter Malaysia's $5.5 selling price. Malaysia's Top Glove, the world's largest medical glove maker, expects the U.S. tariffs to boost the prices of domestically produced gloves that have dropped below production costs due to competition from China. Some U.S. producers argue that the most promising avenue for them would be Washington's intervention on the demand side, such as increasing purchases of U.S.-made goods.
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https://www.investing.com/news/stock-market-news/analysisus-tariffs-on-chinese-medical-imports-face-industry-doubt-as-alternative-suppliers-emerge-3458553
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