News
US announced 10% tariff list LED products are impressively listed
The recent US government's move to impose a 10% tariff on Chinese-made goods has put tremendous pressure on Chinese LED companies, whose lighting products, especially decorative lights, have been included in the list of affected projects.
The tariff is expected to take effect in September 2018. The decision to impose a 10% tariff has caused a big deal for China's LED epitaxial wafer and chip makers Sanan Optoelectronics and Huacan Optoelectronics, as well as lighting manufacturers Mulinsen and Foshan Lighting. The negative impact.
Industry experts estimate that more than 10 LED lighting products (excluding bulbs and filament bulbs, both of which are sold in large quantities) will be subject to this tariff.
However, because some Chinese LED lighting manufacturers have production lines overseas, the impact will be relatively small. For example, MLS has its own overseas factory through the acquisition of Ledvance in Germany.
In April 2018, the United States announced the first tariff of 25% on China's 1,300 industrial technology, transportation and medical products, including some LED equipment. Industry observers pointed out that the high-power LED devices produced by Cree Cree in its Chinese factory were also affected by the 25% tariff.