Recently, a tariff policy adjustment by the US government has aroused widespread concern in the international lead-acid battery industry. On September 13, the US government issued a statement confirming that the 301 tariff policy against China will be implemented from September 27, 2024. This policy not only involves popular fields such as electric vehicles and lithium batteries, but also extends its tentacles to the field of lead-acid batteries.
It is reported that the policy adjustment has added a new classification of lead-acid battery structural parts. From 2024, the tax rate of lead-acid battery structural parts will be 25%. This is another important measure of the United States in trade policy, and the reasons behind it have aroused a lot of speculation. Some analysts believe that the United States’ move is on the one hand out of protection of its own related industries, trying to reduce the import of lead-acid battery products and related structural parts from China by raising tariffs, and creating a more favorable competitive environment for its own industries; on the other hand, it may also be part of the United States’ strategic adjustment in the layout of the new energy industry, hoping to promote the development of the country in the field of battery technology and reduce dependence on foreign products.
The implementation of this policy will undoubtedly have a significant impact on the lead-acid battery industry in both China and the United States. For Chinese lead-acid battery companies, the cost of products exported to the United States will increase significantly, and market competitiveness may be weakened to a certain extent. Some companies may need to readjust their market strategies and increase their efforts to explore markets in other countries and regions to reduce their dependence on the US market. For related companies in the United States, although they may receive certain protection due to the increase in tariffs in the short term, in the long run, they may face problems such as supply chain adjustments and product price increases, which will ultimately affect the development of related industries in the United States.
The international market also reacts differently to this US policy. Companies in some countries have seen the changes in the US market and may take the opportunity to increase their investment in other markets to compete for market share that originally belonged to Chinese companies. Some international organizations and industry associations have expressed concerns about the rise of trade protectionism and called on countries to resolve trade disputes through cooperation and consultation and jointly promote the healthy development of the global battery industry.
Against the backdrop of increasing global demand for environmental protection and renewable energy, lead-acid batteries, as a mature energy storage technology, are still widely used in many fields. The adjustment of the US tariff policy this time not only concerns the trade relations between China and the United States, but will also have a profound impact on the development pattern of the global lead-acid battery industry. In the future, how companies and governments of various countries will respond to this challenge will deserve further attention.
Post time: Sep-19-2024