Trump’s new 15% tariff on lithium-ion rechargeable batteries will significantly increase costs for US manufacturers of rechargeable electronic devices.
An employee instals a lithium-ion battery cell into a testing system at the offices of Powervault, a company helping to recycle lithium-ion car and bus batteries in London. Photo: Bloomberg
27 August 2019 | Chad Bray | South China Morning Post
American manufacturers of rechargeable electronic devices will be scrambling with a dilemma starting Monday: pass a 15 per cent import duty on China-made batteries to customers, or find alternative sources from China to power their smartphones, drones, or electric vehicles.
These batteries, used in rechargeable products from personal computers to shavers are mostly made in China, the largest exporter of lithium-ion cells to the US for the past seven years. Chinese producers made up US$872.8 million, or more than half of all lithium-ion batteries imported by the US in the first six months of this year.
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