Increasing Tariffs on LED Product Continues to Impact the Industry
On August 1, 2019, President Trump announced an additional 10% tariff on US$300 billion Chinese imports which will come into effect in September. The new listed products which will be imposed with taxes also include several LED products. LED products that are listed in the new 10% tariff list include “Ballasts for discharge lamps or tubes”, “electrical lighting equipment of a kind used on bicycles”, “flashlights”, and a series of electrical filament lamps, as well as LED lamps.
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