The influence of President Trump on China LED display screen walls

Keywords: Competitive Price Professional Small Pixel p5 led Display taxi roof signs top,HD small pixel pitch large led display monitor wall screen P1.47 P1.667 P1.875 P1.923 P2

On November 9, 2016, the U.S. presidential election conference finally concluded that Trump will eventually become the new president of the United States, which means that he will become the new president of the United States in 2017. It is widely believed that Trump’s election will bring more uncertainty to the world. Why? Because Trump’s eight economic policy proposals will certainly bring about many subversive changes in the United States.

A 45% tax is also a major safeguard for the domestic market. Once Chinese LED companies are taxed 45% on their products exported to the United States, the profit margin of their products will be greatly reduced. It is no exaggeration to say that this will directly deprive Chinese products of their competitive advantage in price. For the North American market with extremely stringent quality requirements, under the premise of increasing quality standards, the LED display products exported by China will no longer meet the market demand at low prices, which directly leads to the suppression of Chinese LED products by the products of North American local enterprises, or even the elimination of foreign markets. In addition, Trump strongly opposes free trade and claims that it will lead to a setback in the U.S. economy. That is to say, it is very likely that a series of trade protection measures will be formulated after it takes office.

In addition, Trump will also allow companies to bring funds staying abroad back to the United States and pay taxes at a one-time rate of 10%. That is to say, under the Trump policy, the agent processing industry of American enterprises may be transferred to the United States. China is the largest manufacturing country in the world. As far as the LED industry is concerned, American companies such as Kerry and GE Lighting have production bases in China. Once the U.S. LED enterprises transfer their manufacturing and processing industries to the U.S. mainland, it will directly lead to the increase of unemployment rate in China, and will further intensify the competitive situation of Chinese LED enterprises and American LED enterprises in the North American market. In this way, there are many domestic LED display manufacturers and enterprises further difficult to survive.