Imports to the US of TVs from China increased in Q2 of this year despite the Trump administration’s threat of tariffs imposed on TV products. The industry has shown few signs of shifting its supply patterns, based on data from the US International Trade Commission (ITC) database. The tariff threats, though, seem to have claimed their first victim in US TV assembler Element Electronics, as the US-China trade war shows no signs of abating.
The ITC releases data monthly but with a time lag, roughly 5-6 weeks after the end of the month, so June (and therefore full Q2) data was recently made available. The data suggests that TV brands and retailers have done little to change their pattern of increasing reliance on China for TV sourcing.
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