Recently, a tariff policy adjustment by the US government has attracted widespread attention from the international lead-acid battery industry. It is understood that the United States officially announced the final version of its 301 tariff bill on September 13, 2024, including a decision to impose a 25% tariff on Chinese lead-acid battery structural parts, which will be implemented from 2024.
This move is part of the US adjustment of its trade policy with China. Previously, the United States has imposed tariffs on Chinese products in many fields such as electric vehicles, lithium batteries, and photovoltaic battery components. For the lead-acid battery industry, this decision of the United States will undoubtedly have an important impact on the global supply chain.
China is an important country in the global production and export of lead-acid batteries. Many internationally renowned companies’ lead-acid battery products or their components rely on China’s supply. The US market is of certain importance to Chinese lead-acid battery companies. This tariff increase may lead to an increase in the export costs of Chinese lead-acid battery companies to the United States, and the competitiveness of their products in the US market will be weakened to a certain extent.
However, this policy is not completely without positive effects. From the perspective of the domestic Chinese market, some companies may focus more on expanding the domestic market and promoting the further development of the domestic lead-acid battery industry. At the same time, this may also prompt Chinese companies to accelerate the pace of technological innovation and industrial upgrading, improve the quality and added value of products, and meet the challenges of the international market.
Internationally, lead-acid battery companies in other countries are also closely following the development of this incident. Some companies may seize the opportunity to expand their share in the international market, but some companies are worried that this move by the United States may cause instability in global trade, which in turn affects the development of the entire lead-acid battery industry.
Industry experts said that the US decision to impose tariffs on Chinese lead-acid battery structural parts is not only a trade issue between the two countries, but also an important signal of changes in the global lead-acid battery industry. In the future, companies from various countries need to work more closely together to jointly cope with the challenges brought about by changes in trade policies and promote the healthy and sustainable development of the lead-acid battery industry.
Post time: Sep-25-2024