Trump plans to levy customs duties on Chinese imports, motor industry should pay attention to bear the brunt
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Trump plans to levy customs duties on Chinese imports, motor industry should pay attention to bear the brunt

Views: 0     Author: Site Editor     Publish Time: 2020-12-09      Origin: Site

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Motor the President of the United States has signed the memorandum of the President, trump plan for $60 billion worth of China's import tariffs, sparked worries about china-us trade battle, the dow Jones index fallen beyond 700 points that day. According to the terms of the memorandum, trump asked trade officials in 15 days tariffs sketch the demand of our product list. Although the White House rejected according to detailed what products in our country appear on the list, but experts estimate that China's science and technology products as well as the internal information technology in China will become one of the policy. In addition, the politico and the New York times reported that estimates will be issued 100 measures, aimed at containing from toys to electronic products to the range of products. And the U. S. trade representative agency has confirmed that 1300 kinds of products as potential tax policy, worth $48 billion. The leading export market for motor in China to the United States in 2017, China's exports to the us 11 categories of products, the export of primary categories of products is motor, electrical, audio and video equipment and zero accessories, export value of 1068. $900 million, holds the export proportion of 24. 9%. Professional elaboration to the motor, the United States as the motor the top export market, sales in the United States motor number occupies a large proportion of our export motor. According to relevant data show that in 2017 China's export quantity for 27 motor and generator. 800 million, the export amount is 107. 900 million dollars. Motor is likely to appear in American demand tariffs list of our products. Export to the motor in China must be planning the number of companies remain at around 500, top domestic export enterprises and brands have Shanghai wave motor, jinlong motor, wolong electric, amber and ABB, Watson, dayang motor, etc. If the motor to demand in the United States to impose tariffs of our product list, the first will be the export brand and enterprise. China's response to fight back against the trump plan to $60 billion in our country product tariff this behavior, our country's ambassador cui tiankai showed that & other; Don't expect, and the United States or any country fighting trade wars, but if someone wants to impose trade wars in our country, we will battle, we will make every effort to protect the interests of us, to maintain the global trading system. ”Before trump signed the memorandum of President, China's foreign ministry spokesman HuaChunYing also has responded at a regular press conference on Thursday, China firmly opposing the us unilateralism and trading ACTS maintenance, will never let harm the legitimate rights and interests, will take all necessary measures to resolutely defend itself legitimate rights and interests.

HOPRIO group a professional manufacturer of controller and motors, was established in 2000. Group headquarters in Changzhou City, Jiangsu Province.

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