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United States

TCL Multimedia Technology Updates On Proposed U.S. Tariffs List Of Products Of Chinese Origin


Monday, 9 Apr 2018 12:29am EDT 

April 9 (Reuters) - TCL Multimedia Technology Holdings Ltd <1070.HK>::NOTES PROPOSED U.S. TARIFFS LIST OF PRODUCTS OF CHINESE ORIGIN THAT WOULD BE SUBJECT TO ADDITIONAL 25 PERCENT IMPORT TARIFF.LIST HAS A LIMITED IMPACT ON IT AND TCL GROUP WILL TAKE ALL EFFECTIVE MEASURES TO SAFEGUARD CORPORATE INTERESTS.CO'S OVERALL BUSINESS IN UNITED STATES STEADILY INCREASED IN Q1 2018.STARTED PLANNING TO RAISE MEXICAN FACTORY PRODUCTION CAPACITY; TO TAKE OTHER MEASURES TO REDUCE IMPACT ON CO'S USA OPERATION. 

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