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    • Denggle > Lighting News >

    U.S. - China Trade War Truce Increases Uncertainty in the LED Industry

    U.S. - China Trade War Truce Increases Uncertainty in the LED Industry

    Source： ledinside.com 14 Jan 2019
    LED lighting US-China Trade war Tariffs on Chinese goodstrade war trucethe LED industry

    The LED industry has been involved in the trade war between the United States and China as LED components and related lighting products were included in the list of extra tariffs. LEDinside has been tracking the impacts of the trade war, which is believed to have led to the aggravation of oversupply in the LED industry. The two countries have recently reached a trade truce by suspending the new tariffs for 90 days. However, LEDinside believes that the delay would bring increased uncertainty into the LED industry.



    Figo Wang, senior analyst of LEDinside, pointed out that LED producers will take different measures depending on the percentage of the tariffs. The original 25 percent tariffs are likely to have forced LED manufacturers to relocate their production lines. However, now that Trump has agreed to postpone the tariffs, major players in the LED industry will have to hold their decision making and see how the situation plays out after three months. The pending circumstance will slow down demands, leading to market uncertainty.

     

    U.S. - China Trade War Truce Increases Uncertainty in the LED Industry

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    The LED industry has been involved in the trade war between the United States and China as LED components and related lighting products were included in the list of extra tariffs. LEDinside has been tracking the impacts of the trade war, which is believed to have led to the aggravation of oversupply in the LED industry. The two countries have recently reached a trade truce by suspending the new tariffs for 90 days. However, LEDinside believes that the delay would bring increased uncertainty into the LED industry.

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