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  • Wuxi Kinglux Glass Lens Co.Ltd
  • ADD:No.286,Changjiang North Rd,New Dist,Wuxi,JS prov,China
  • Tel: 86-510-66759801
  • Fax: 86-510-84602998
  • Mobile phone: 86-18168862789
  • E-mail: ledglasslens@163.com
  • Contact person: Huimin Zhang
  • 25% Tariff Strikes! Chinese Mainland LED Manufacturers Are Suffering A Huge Impact
    Oct 12, 2018

     It is reported that the latest plan of the United States will impose a 25% tariff on Chinese-made products from January 1, 2019. This move is expected to cause LED suppliers to reduce orders for mainland Chinese manufacturers and transfer some orders to Taiwan.

    In the latest published tariff list, more than 30 kinds of LED products are included, accounting for about 80% of the value of Chinese exports to the United States. Since LED bulbs and fluorescent tubes are high-volume standardized products, suppliers are expected to bear additional tariffs to maintain price stability in the US market, or slightly higher than previous prices. But embedded and fixed products are much more expensive than LED bulbs and LED tubes, so many suppliers will increase prices to cope with the effects of tariffs or seek other suppliers outside of China.

    Many mainland Chinese companies have disclosed that they have received many urgent orders and are required to deliver them by the end of 2018 to avoid the upcoming 25% tariff.

    In April 2018, the United States announced the first round of tariffs on Chinese products, involving only a few LED products. Subsequently, the decline in Chinese manufacturers’ exports to the United States far exceeded the original estimate.

    As a Taiwanese LED manufacturer whose production cost is 10-15% higher than that of its Chinese competitors, it may receive a large number of orders transferred from mainland Chinese manufacturers. According to industry sources, Dongbei Optoelectronics, which is headquartered in Taiwan, has received consultations from US manufacturers.