Sharp Cuts Share Deal as Trump’s Tariffs Trim Chinese Exports — Panjiva


Sharp Cuts Share Deal as Trump’s Tariffs Trim Chinese Exports

China 1761 Info Tech - Tech Hardware 378 Tariffs 1172 U.S. 3306

Sharp has pulled a planned $2 billion share sale citing uncertainties caused by the Trump administration’s planned duties on Chinese exports of electronics. These will be implemented in two phases, the second of which – currently under consultation – will include high tech goods though the first phase (from July 6) will also have an impact. Sharp’s U.S.-bound exports from China reached $249 million in the 12 months to February 28 including a 48% rebound in the last three months. The direct impact of duties may be limited. Sharp’s largest export line from China is printers, ac...

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