The Reactions of LED Companies on Tariff

The tariff imposed on Chinese imported products to the U.S. was effective since July 6th. Previously the U.S. government has announced that the U.S. will enforce 25 percent tariffs on 818 Chinese goods which are in total worth about US$34 billion. And on July 10th, the Trump administration proposed additional tariffs on US$200 billion worth of Chinese goods.

The LED products included in the effective tariff list are mostly intermediate goods including wafers and backlighting products. The purpose of the tariff is to reduce the reliance of U.S. companies on intermediate goods from China and to increase the competitiveness of products produced within the U.S. However, intermediate goods account for only a small proportion of Chinese exported LED products and the 25 percent tariff might influence U.S. based companies like Cree, as it has plants both in the U.S. and China.

(Image: Bloomberg)

It is said that Cree might be able to avoid the 25 percent duty on its goods manufactured in the facility in China when shipping back to the U.S. Either the company had successfully persuaded the Trump administration to exempt its products from the now effective tariffs or it will transmit the goods manufactured in China to another country before shipping them to America.

Osram had also reportedly cut down on its yearly forecast because “restrictions on trade and sales as well as planning risks affecting automotive manufacturers have created noticeable uncertainty,” according to the company.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Some homeowners, commercial systems managers and outdoor lighting management companies have looked warily at smart lighting, in light of its being seen as a major departure from what was required for lighting control in the past. They need not... READ MORE

For the LED driver product line, wide AC voltage input range (180 ~ 528VAC) HVGC family, MEAN WELL now launches HVGC-650 series to offer more choices of high power products.