China LED lighting products market price will be increased 5 - the United States 8%
May 10, according to industry insiders, with 12 noon 01 points, the United States formally impose tariffs on Chinese imports of $200 billion, the tax rate from 10% to 25%, the LED lighting products made in China in the United States market retail price of 5 - is expected to rise 8%. Duties,
source explained, not fully reflected in retail prices, because the tariff rate is based on FOB ( Fob) The retail price of price, and for the end user is the 3 - the corresponding FOB price 4 times.
at present about 85% of the global market of LED lighting products assembled in China, much of the U. S. market share of global demand, the tariff increase is expected to significant negative influence on the Chinese LED lighting manufacturers.
in the United States, the United States Lighting company Acuity Brands' decision since May 15 will be part of the retail price of LED Lighting products increased by 15%, and include eton, Venture Lighting International, RAB Lighting, Sylvania and Universal Lighting Technologies, and other Lighting suppliers, may also follow suit.
Exhibition name: 2025 THE 137TH CHINA IMPORT AND EXPORT FAIRExhibition date: April 15-19, 2025Booth No. : 14.3 f33-34g10-11/14.2 D13-14-15Address: China Import and Export Fair Hall (Canton Fair Hall)
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