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Home> Industry Information> Adding tariffs will increase the cost of the entire industry

Adding tariffs will increase the cost of the entire industry

September 06, 2018

Due to the uncertainty of global trade, the United States imposes high tariffs on LED lighting products and parts imported from China, so we write to inform our customers.

On July 6, the US government began to impose a 25% tariff on goods valued at about $34 billion imported from China, including some goods that affect the lighting industry. On July 10th, the Trump administration launched a list of targets, announcing a 10% tariff on the additional 200 billion US dollars of Chinese exports to the United States.

We are currently analyzing its specific impact on the product, and it is clear that these mandatory tariffs will increase the cost of the entire industry.

The above is the Adding tariffs will increase the cost of the entire industry we have listed for you. You can submit the following form to obtain more industry information we provide for you.

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