Tariff Quote Watch: Nidec Nixes Chinese Motors in Favor of Mexican Supplies — Panjiva
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Tariff Quote Watch: Nidec Nixes Chinese Motors in Favor of Mexican Supplies

China 1758 Cons. Discr. - Autos 661 Industrials - Capital Goods 265 Mexico 505 Tariff Quote Watch 91 Tariffs 1169 U.S. 3297

Nidec’s COO, Hiroyuki Yoshimoto, has indicated the U.S.-China trade war has caused “growing uncertainty” for the firm and led the electrical equipment maker to change its long-term investment plans for China and to shift some U.S. sourcing to Mexico. Nidec’s U.S. imports from China in the 12 months to Nov. 30 were led by servos and sub-37.5kW electric motors that were subject to 25% duties from August. There was a spike in larger AC motor shipments in November despite the implementation of 10% duties as the company sought to preempt further tariff increases. The f...

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