The Chinese Ministry of Commerce announced that the US has raised the tariff on the US$200 billion to China’s exports to the United States from 10% to 25%. China deeply regrets that it will have to take necessary countermeasures. .

At the same time, some executives of large US companies have begun to prepare for this trade war for higher product prices and worried customers.

Management teams, including industrial equipment manufacturer Emerson Electric, semiconductor developer Microchip Technology and tool maker Snap-On, are concerned about the impact of this week's Sino-US trade war on its business.

Now, Trump threatens to raise tariffs from 10% to 25%, and they predict that most of the burden will be passed on to American consumers.

Trump said in a tweet last Sunday that starting this Friday, the US will increase tariffs on US$200 billion of Chinese imports. This tweet has caught many Wall Streeters off guard. These tariffs, first implemented by the US government in 2018, will be raised from 10% to 25% this Friday.

From pumps and turbines to electrical and computer components, this tax policy affects a wide range of goods.

Emerson Electric, which manufactures products and provides engineering services to a wide range of industries, said growth in the global manufacturing end market has slowed as US stock rebalances and tariffs last year led to higher prices. Tool makers Stanley Black & Decker and Snap-on said they are taking steps to alleviate the pain caused by rising supply costs due to tariffs imposed by the Trump administration. James Loree, CEO of Stanley Black & Decker Group, said his company has been raising the price of its products to help offset the higher input costs.

To save your cost, it's the best moment to buy spare parts from us now!

INQUIRY NOW!

We have focused on PLC and DCS automation system and parts for over ten years.

Hot selling items for reference:

: 

1) ControlLogix 1756 series controller

2) CompactLogix 1769 series controller

3) SLC 500 1747 1746 Series Controller

4) PLC-5 1771 1785 series controller

5) ProSoft :MVI69/PS69/MVI56/MVI94/MVI71/MVI46/3150

6) ICS TRIPLEX trusted system

Bentley Nevada :

1) Bently 3500 Monitoring system,

2) Bently 3300 Monitoring system,

Emerson Emerson:

1) Ovation System DCS Card

2) DeltaV system Dual Channel Redundancy Safety System, Redundancy Controller

General Electric:

1) IS200/DS200 series Excitation system card

2)IC693/IC695/IC697/IC698/IC200/IC660/IC670 CPU module,Communication module, Analog Digital module

Honeywell:

1) Alcont

2) Experion LS

3) Experion PKS

4) Experion HS

5) Plant Scape

6) TDC 2000

7) TDC3000

8) TPS