The United States Has Adjusted The Tariff List For Its $300 Billion Product To Make Some Lighting Products In China Postponed.

The United States has imposed a 25% tariff on China’s total value of US$250 billion since 2018.  In the early morning of August 2, 2019, US President Trump announced on his Twitter that he would impose a 10% tariff on China's remaining $300 billion in products exported to the United States from September 1.

This round of $300 billion proposed tax collection includes more than 3,800 HS codes, covering almost all of China's exports to the United States, which have previously been subject to tariffs totaling $250 billion. According to the author's statistics, the lighting products included in this round of tariff collections exports to the United States exceeded 20 billion U.S. dollars in 2018, accounting for 18.2% of China's total exports of lighting products to the United States in 2018 (in 2018, China’s total exports of lighting products to the United States were approximately 11 billion US dollars, an increase of 14%, accounting for about 1/4 of the total export of lighting products) the largest amount is the LED replacement light source with HS code of 85395000, and the total exports to the US in 2018 reached 1.768 billion. Dollar.

On August 13, the Office of the US Trade Representative (USTR) issued an announcement to adjust the list of products originally planned to be imported from China by US$300 billion, some of which were postponed until December 15, 2019, Considering national health, national security and other factors, some products were removed from the list of $300 billion plus 10% tariffs. It means indirectly acknowledged that the addition of tariffs also be harm to American consumers.