What! There will be a 25% tariff! Construction machinery still can't escape this disaster
According to reports, on the second day of taking office, US President Trump claimed that the US government is discussing imposing 25% tariffs on goods imported from China from February 1!It seems that tariffs are coming after all! Trump is still going after China!
In fact, in September of last year, the Office of the United States Trade Representative released a statement that the United States had finalized raising tariffs on certain Chinese-made products. This includes a 25% tariff on Chinese-made shore container cranes!
So, if this round of 25% tariffs eventually come true, it will inevitably affect a lot of goods exported from China to the United States, and Chinese-made construction machinery will also suffer.
On February 1, the United States will impose a 25 percent tariff on imports from Canada and Mexico.
Previously, some Chinese companies built factories in Mexico to manufacture construction machinery there, and then imported these products from Mexico to the United States.
Now it seems that this channel will also be affected!