Loading...
Market
How will Chinese companies adapt to the U.S. import blocks by mid-2025?
5
Resolution / Starting Odds
No adaptation • 33%
Partial adaptation • 33%
Full adaptation • 33%
Corporate announcements, earnings calls, or major business news outlets
Story
U.S. Blocks Imports from 26 Chinese Cotton Traders Over Forced Labor Concerns
May 16, 2024, 12:10 PM
The United States has blocked imports from 26 Chinese companies, including cotton traders, textile companies, and warehouse facilities, over concerns of forced labor involving Uyghur minorities. This move, reported by WSJ, is part of a broader U.S. crackdown on goods tied to forced labor, as outlined in the Uyghur Forced Labor Prevention Act. The decision aims to prevent goods made with forced labor from entering the U.S. market, reflecting ongoing efforts to address human rights abuses in supply chains.
View original story
Similar markets
Increase prices for US market • 33%
Seek new markets outside the US • 33%
Negotiate exemptions or reductions • 34%
Shift production to U.S. • 25%
Shift production to other countries • 25%
Seek tariff exemptions • 25%
No significant changes • 25%
Stricter export controls • 25%
No change in policy • 25%
Negotiated agreement on tech exports • 25%
Reduction in export controls • 25%
Increase prices for the US market • 25%
Seek new markets outside the US • 25%
Negotiate exemptions or reductions • 25%
No significant change • 25%
Diversify supply chain • 33%
Negotiate exemptions • 33%
No significant change • 34%
Increase domestic production • 33%
Seek tariff exemptions • 33%
Lobby for policy reversal • 33%
Increase Investment • 33%
Decrease Investment • 33%
Maintain Current Levels • 34%
Retaliatory tariffs • 33%
Negotiations for tariff reductions • 33%
No significant response • 34%