- This topic is empty.
-
Posts
-
Although the proposed $30 billion tariff-reduction discussions between Donald Trump and Chinese President Xi Jinping do not currently include toner and ink cartridges, Reuters reported that multifunction printers remain among the Chinese-made products still facing U.S. tariffs under earlier Section 301 trade measures. The mention of multifunction printers in the negotiations has caught the attention of the imaging industry because many printers, copier components, and related electronics are manufactured in China and continue to carry added import costs. While no immediate changes have been announced for printer hardware or supplies, industry analysts say future rounds of negotiations could eventually expand to include broader electronics and office equipment categories, potentially easing pricing pressure across the printer markets.
Excerpt from Reuters article…
The U.S. maintains tariffs of 7.5% on a raft of Chinese consumer products imposed in 2019 at the height of Trump’s first-term trade war with China. These include flat-panel television sets, flash memory devices, smart speakers, Bluetooth headphones, bed linens and multifunction printers and many types of footwear. The 10% temporary global U.S. tariff, set to expire in July, stacks on top of these duties.
- You must be logged in to reply to this topic.