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Live Updates  >  Live Update Details

2025-08-01 16:38:05

[30% Tariff Shockwave: Valve Companies Face a Fatal Blow to Exports, Even Weak Exchange Rates Can't Make Up for It] ⑴ An executive at a valve company stated that due to the new tariff regulations, starting August 1st, their exports to the US will be subject to an additional fee equivalent to 30% of the invoice value upon arrival. ⑵ This poses a huge challenge for the company. ⑶ The executive noted that this move will effectively "neutralize" the US market for them. ⑷ Because even a weaker exchange rate cannot offset the 30% tariff. ⑸ Although the US typically has low import tariffs, a sudden and significant increase to 30% would completely stifle market opportunities. ⑹ The US is the main export market for the company's flagship product, the "vento mate at GX two," so potential losses in this market are crucial. ⑺ The executive also mentioned that the company is already facing extreme difficulties in the steel industry, and the new tariff measures will exacerbate the situation. ⑻ He emphasized that the longer the tariffs are in place, the greater the negative impact on the company.

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