The Impact of US Tariff Measures on Chinese LED Industryadmin
Beijing time late June 15, 2018, the U.S. government released a list of items that imposing a 25% tariff on about $50 billion of commodities imported from China , in which there are about $34 billion in goods will be imposed since July 6, 2018. At the same time for about $16 billion in goods tariffs began solicit in public. Immediately after 1 hour, China announced it would impose retaliatory a 25% tariff on 659 items about $50 billion commodities from the United States. In which there are about 545 items of $34 billion in goods will be imposed since July 6, 2018, and the time for tariffs on the rest of the goods will be issued separately. It is reported that the first $34 billion commodities in tax listing the United States issued On June 15 contains 818 items. in which the electronic products are mainly PCB, passive components and some kinds of LED products. The U.S. tariffs influences on lighting industry and AOTUO electronic,such as item 85414, 85419, 9033 in the LED industry. But securities analysts said that these items are small proportion in LED industry and it accounts for below 5% of the whole exporting value. China’s LED products mainly exports to the us are mainly in the form of finished products, such as LED lighting, LED display module, viewing screen and so on. They are beyond the limit of the listing. Trade frictions or patent lawsuits have less impact on the company’s performance because AOTUO company sales a few in U.S.