U.S. Tariff Shifts Send Waves Through Global Plastics Industry; Injection Mould Manufacturer Moves to Adapt

Recently, the U.S. has rolled out new tariff measures, slapping high tariffs on imported plastic-related goods and sending shockwaves through the global plastics industry. This has driven up costs for plastic raw materials and product imports/exports, undermining supply chain stability. Injection mould factories dependent on U.S. exports are grappling with challenges such as fewer orders and squeezed profit margins.

Many of our clients, especially those who rely heavily on the U.S. market as their primary revenue driver, have faced mounting cost pressures and losing orders since the new tariffs took effect. This has in turn led to a slowdown in our order flow.

In response, our company has quickly devised the following strategies:

1. Speed up the exploration of diverse markets, actively positioning in regions like Asia and Europe to reduce reliance on the U.S. market.

2. Strengthen internal management, streamline production processes, and increase R&D investment to lower production costs, thereby boosting the competitiveness of both our company and our clients.

Industry insiders note that while U.S. tariff policies create short-term disruptions, they also compel the injection mould industry to accelerate transformation. Through market expansion, technological innovation, and efficiency improvements, our company is poised to seize new opportunities amid challenges and achieve sustainable growth.