The increased tariff comes after an on-going trade ‘battle’ between the two counties, and will affect some 1,400 products. Imports of Chinese steel and aluminium products have grabbed the news headlines, but further analysis of the US Government’s Notice of Determination of Action Pursuant to Section 301: China Acts, Policies and Practices Related to Technology Transfer, Intellectual Property and Innovation, reveals that many electronic components are also included.
According to a report from the BBC, analysts have also "warned of the risk of a full-blown trade war for the global economy and the markets, and believe ongoing behind-the-scenes negotiations between the two giants are crucial.”
The current list released on April 3 includes all tantalum, aluminium, ceramic, paper or plastic capacitors, many carbon, composition or film resistors, fuses, relays, LEDs, transistors, thyristors