The list of Chinese products that the United States has announced to impose tariffs also covers gas water heaters, compressors, purifiers and parts, dishwashers, bread ovens and other electrical products and accessories. In response, the head of the China Household Electrical Appliances Association stated that , firmly opposed to the protectionism of the United States.
According to the assessment of the China Household Electrical Appliances Association, there are few household electrical appliances involved in the list, and the amount of Chinese household electrical appliances exported to the United States limited by the list accounts for less than 5% of the total exports of home appliances. Some of them are commercial products. The impact on the Chinese home appliance industry is very limited.
Jiang Feng, chairman of the China Household Electrical Appliances Association, told the Economic Daily reporter that at present, many home appliance leading companies in China have invested overseas. They can evade trade friction through capacity expansion, production capacity conversion, and product structure upgrades. These companies currently export to the United States, accounting for a relatively low proportion of revenue, so the leading domestic appliance companies affected by the impact of trade friction is relatively small.
The strong force of China's consumer engine has also made the development of China's home appliance industry more groundless. Jiang Feng said that at present, China's domestic appliance market is developing well, and consumption upgrading has driven the industry to develop steadily. The export value of home appliances is less than 30% of total sales, China Home appliances have formed a pattern of mainly domestic sales, supplemented by foreign sales, and are capable of resisting the impact of trade friction.