2018-6-15，The U.S. government has released a list of goods that are subject to tariffs.It will impose a 25 per cent tariff on about $50bn of goods imported from China. about 34 billion us dollars of goods will be subject to additional tariff measures from July 6, 2018.
Baoji, which is a concentated city for titanium particles. We called Baoji Titanium Valley.
The No. 1 enterprise is Baotai Group, and there is more than 400 relatively titanium company in Baoji. The titanium production for these companies occupy 80% in China, about 20% in the world.
In Baoji there is more companies, they could process the titanium products as casting, forging, machining, etc. All the processing of titanium particles could be finished in Baoji city.
There is about two industrial trains for titanium products.
1. Rare metal: titanium ore, titanium sponge, titanium ingot, titanium particle. It's the train for CXMET.
2. Titanium ore, titanium dioxide.
Lots of titanium products is from CXMET mainly supplied for chemical, sports, metallurgy, salt making industrial fields. And some of them also used in aerospace, defence, etc.
Lots of them exported to all over the world and now the titanium alloy particles were added tariffs. The titanium particles export to USA will more difficulty than before.
Mr. Trump's policy will affect out output directly but that is also a good chance to improve our products value and make us to enhance our competitiveness.
This is an opportunity and a challenge. Mr. Trump, please pay more attention on our products.
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