On April 3, 2018, US time, the U.S. government announced that it would impose a 25% tariff on imported products originating in China, based on the results of unilateral findings of 301 investigations, involving approximately US$50 billion of Chinese exports to the United States.
Some analysts pointed out that this measure of the United States clearly violates the relevant rules of the World Trade Organization and seriously violates China’s legitimate rights and interests under the rules of the World Trade Organization and threatens China’s economic interests and security.
On April 4, China responded strongly to the US-China trade war that was deliberately provoked by the United States. The Chinese Ministry of Commerce announced that it will impose tariff levying on imports of soybeans and other agricultural products, automobiles, chemicals, and aircraft imported from the United States. The tax rate is 25%, involving about 500 Chinese imports from the United States in 2017 One hundred million U.S. dollars.
This means that the Sino-US trade turmoil will have a substantial impact on the automotive industry. First and foremost, it will undoubtedly have a major impact on the Lincoln brand's imported models and Tesla models.
The increase in tariffs will inevitably lead to an increase in the final selling prices of Lincoln and Tesla models. For this reason, the headliner APP at the first time contacted Lincoln dealers in Beijing, Wuhan and other regions to inquire about the current price of Lincoln models.
“We have not yet received relevant notice, but the follow-up may increase prices, in the past few days will not rise.†A Lincoln dealer sales for the car headline APP said.
Another Lincoln dealer sales also said: "There may be prices. But if you set the car now, follow-up car will not increase prices." However, Wuhan Lincoln dealers told reporters: "Lincoln models It is rumored that price increases."
It can be seen that tariff adjustment policies that have not announced the actual implementation time have caused fluctuations in the actual automobile consumption market. It is not hard to imagine that in the future, Lincoln, Tesla and other American models will face the difficult situation in China.
In addition, the reporter also learned that, in addition to the American brand imported models will be affected by the trade war, the German-made brand in the United States also accidentally strokes. A Smart dealer in Beijing told reporters: “The Smart brand model will soon increase its price, and it will be sold at the original price before the policy is implemented, but the price will be raised after the policy is implemented.†And other German-made brands in the US The models, including the BMW X5, X6 and Mercedes-Benz GLE and GLS, are also affected by the tariff increase policy.
In fact, the dependence of the American brands including Lincoln and Tesla on the Chinese market has been increasing year by year. Of the top ten Chinese auto models imported in 2017, the Lincoln brand was among them. The number of Lincoln's imports to the Chinese market in 2017 was 64,700, a year-on-year increase of 78.5%. The headline APP has also learned from Tesla officials that Tesla’s revenue growth in China in 2017 will exceed 90%.
If the 25% tariff is imposed, the prices of Lincoln and Tesla in China may soar, and sales will face enormous risks of decline. This will even have a major impact on the global layout of Lincoln and Tesla.
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