This Week in Imaging: A Sigh of Relief – for Now

The good news on the tariff front is that a U.S.-proposed 5-percent tariff – that could have gone up to 25 percent – on goods imported from Mexico (and which would have affected companies such as HP Inc. and Lexmark International) has been shelved for now.

The bad news: this week, U.S. President Donald Trump refused to set a deadline for threatened 25-percent tariffs on $325 billion of Chinese goods that include printers,  copiers, and PCs.

In a televised press conference, the president said he still plans to meet with Chinese President Xi Jinping later this month, but asked if he had a deadline for China to make progress towards a deal before facing the further penalty, Trump said: “I have no deadline.” Gesturing to his head, he said: “My deadline is what’s up here. We’ll figure out the deadline. Nobody can quite figure it out.” That’s not a lot of guidance for any company to go by, but at least those in the office-imaging industry appear to taking the trade war in stride, with many shifting production in case the further tariffs are enacted. Stay tuned.

This Week in Imaging

Counterfeit Toner and Ink Supplies Continue to Harm Printer Industry

Konica Minolta Shifting Production in Response to Trade War

Sharp Sees U.S.-China Trade War as ‘Opportunity’

Canon, Toshiba, Hit with Anti-Trust Violation Fine

Epson Continues to Invest in Digital Textile Printing

Copier Careers: Demand for Service Techs Surges, but Supply Down

Epson Expands SureLab Professional Photo-Printer Lineup

Amazon Takes Down More Toner Cartridges from U.S. Website

U.S. Tariffs on Goods Made in Mexico Averted – At Least for Now

Lexmark Appoints New Chief Technology Officer

Advertisements
%d bloggers like this: