弘则宏观- 中美关税又降了，出口企业怎么看怎么应对？

Summary of Conference Call Records Industry Overview - The records primarily discuss the impact of tariff adjustments on the export industry, particularly focusing on the tire and textile sectors in the context of U.S.-China trade relations [1][23]. Key Points on Tariff Adjustments - Following the reduction of tariffs, companies have resumed orders, production, and exports, with plans to complete all orders within 90 days to mitigate uncertainties [1][2]. - Companies are actively expanding into European and Latin American markets to counteract high U.S. tariffs, with average customer prices ranging from a few dollars to several tens of dollars, which are well-accepted in these markets [1][6][7]. Tire Industry Insights - The tire industry faced significant challenges due to anticipated tariff changes, leading to halted shipments and subsequent losses, including layoffs [1][13]. - There is a current shortage of all-steel truck tires in the North American market, with limited capacity in Southeast Asia to meet demand, resulting in low inventory levels [1][15]. - The industry is expected to face difficulties in booking shipments and rising freight costs over the next six months, compounded by ongoing anti-dumping policies [1][14]. - The North American market is experiencing severe shortages, with a projected decline in order volume year-over-year for the second quarter [1][15]. Textile Industry Insights - The textile sector has seen a decrease in manufacturing rates in the Midwest due to tariff adjustments, with low raw material procurement enthusiasm and limited inventory [1][23]. - The fabric trade is shifting towards spot transactions rather than order-based trading, with raw material prices rising, complicating the recovery process [2][25]. - The textile industry is experiencing a transition of production capacity to Southeast Asia, although challenges remain due to trade restrictions and operational pressures [1][26]. Market Dynamics and Future Outlook - The U.S. market is expected to see a concentration of orders due to low terminal inventory levels, particularly for passenger car tires and all-terrain vehicle tires, while truck tire demand may lag due to infrastructure project delays [1][22]. - The textile industry is currently in a state of cautious optimism, with potential growth in exports to Europe and Latin America anticipated if tariffs stabilize [1][27]. - Despite pressures in certain sectors, there remains a long-term confidence in the resilience and diversity of Chinese manufacturing and exports [1][28]. Additional Considerations - The tire industry is exploring re-export trade routes through Southeast Asia to mitigate tariff impacts, particularly for recreational tires [1][20]. - The textile industry is seeing a mix of increased inquiries and cautious order placements, indicating a market still in recovery [1][24]. This summary encapsulates the critical insights from the conference call records, highlighting the current state and future outlook of the export industry, particularly in the tire and textile sectors amidst changing tariff landscapes.