Beijing time on May 8, the day before the night after the dow Jones index fell nearly 500 points, the U. S. trade representative's office ( USTR) Issued a statement, announced that the us will be $200 billion on May 10, tariffs on Chinese imports from 10% to 25%.
to this, the Chinese side, said the us will on May 10, 200 billion dollars tariffs on Chinese imports from 10% to 25%. Upgrade trade friction is not in the interests of the two peoples and the people of the world, China is regret, if the us tariff measures into practice, China will have to take the necessary countermeasures.
on July 10, 2018, the U. S. trade representative's office issued a statement, the government issued a trump tariffs against China $200 billion commodity increase. In the statement, LED products is impressively in the column.
trump government tax items of the released in July to LED product coverage, including as many as ten items of LED lighting. These products accounted for 75% of total exports, China lighting products, in 2017, the main several lighting products exports to the United States is as high as in the more than $50. Further details about the additional duties law enforcement has not been announced, but, because the United States has been China made an important export market for LED lighting products, so the effect of tariffs for lighting products will be inevitable.
at present, more than 85% of the LED lighting products are manufactured and assembled in China. Although many LED lighting company has production facilities in the territory of China, but its production is not sufficient to meet the market demand. Additional cost as a result, the tariff may be in the form of American consumers to pay higher fees.
in the long run, have capacity of LED manufacturers in China Taiwan and south east Asia may benefit from, because they can transfer the orders to which parts of the world in order to avoid tariffs. For those not LED manufacturers in China, because Chinese companies sell lighting products to the United States will reduce gradually, and the rest of the products to other than the United States market, so they will continue to face low price competition, and a lower price will be a serious impact on the price of LED lighting products. Source:
semiconductor lighting