HP Responds to Proposed Tariffs on China-Imported Products

In the wake of President Trump’s threat to impose 25-percent tariffs on products imported from China, Bloomberg reports that U.S. retailers – including HP Inc. – have warned that Americans “will pay more for everything from big-screen TVs to school supplies.”

Trump has threatened to impose tariffs on as much as $150 billion in Chinese goods to punish Beijing for alleged violations of intellectual property. The administration, however, hasn’t said when the tariffs will be imposed, and is said to be holding negotiations with Chinese officials “that could result in a change of policy.”

The products that would be subject to the tariff includes printers and copiers, their parts, and likely their supplies, including ink and toner.

Andy Binder, vice president and general manager of HP Inc.’s Office Supplies Solutions business, said that HP Inc. is seeking exclusions for tariffs on imported ink and toner cartridges. Binder also said that the tariffs would still allow knock-off toner and ink supplies to be sold in the United States.

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