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US add Tariffs to China on Electronic Cigarettes

publisher: Cathy
Time: 2018-08-16
Summary: US add Tariffs to China on Electronic Cigarettes This entry was posted on August 12, 2018 by admin.

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 on August 12, 2018 by admin.

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