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US: Vape advocates plead with Trump to scrap tariffs on Chinese vape products

By |2018-09-24T09:41:05+00:00September 24th, 2018|Business 101, Editorial, News|0 Comments

Several vape trade advocates and industry members have come together in a bid to have the US president end his tariff war with China.

As previously reported, president Trump has enforced significant tax increases on products imported into the US from China.

The stringent measures have had an effect on several US industries, and vaping hasn’t gone unscathed either – it’s thought the tax hikes could force the cost of some e-cigarette products up by 15 percent.

The plea to reason was submitted to the US Trade Representative (USTR) by the group which has been dubbed the, “vapor coalition”.

Imported vape products from China were marked in the second round of the Trump administration’s fire in this latest trade war.

Initially, the White House announced tariffs of 25 percent on $34 billion of Chinese goods coming to the US. The second round added further surcharges to another  $16bn of goods.

Caught in the crossfire of the second round was an estimated  $300 million of Chinese-made vaping devices.

According to news agency Reuters, a price increase of 15 percent on vape products may reduce sales by a significant amount of anything between 12 and 19 percent.

The roll-on long-term effect of that could be the closure of vape shops, the laying off of staff or reduced numbers of smokers taking up vaping as an alternative.

*For more on the Trump administration’s tariffs on Chinese e-cigarette products, see the latest issue of Vapouround.

About the Author:

Róisín Delaney is the editor of Vapouround Magazine, Vapouround Canada and Vapouround Spain publications.

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