On August 7, the US Trade Representative Office announced a list of adding 25% tariffs on Chinese products worth about $16 billion, which will officially be implemented on August 23. Reuters recently published an article saying that because e-cigarette products are also in the scope of adding tariff, the US e-cigarette industry may become a victim and fall into the dilemma of price increases or layoffs.
Reuters reported that the United States imposed tariffs on Chinese e-cigarette products or eventually led to higher prices for US products. The industry is facing a dilemma of slowing growth and recently added health warnings on packaging, which is not conducive to sales. In 2016, about 91% of US e-cigarettes and related parts imports came from China.
Electronic cigarettes are generally cheaper than cigarettes and have become increasingly popular in the United States in recent years. As a healthier alternative to cigarettes, users inhale oxygen-containing nicotine from electronic devices, free of tar and other chemicals.
In a sort of sense, the goods of vapesourcing vape online store in the US warehouse may rise in price in the future for policy reasons.
With regard to the latest report, I think it will have a great impact on Chinese trading companies, so we must take measures to deal with it.
This entry was posted in Policy and tagged Policy, tariffs onAugust 12, 2018 by admin.
