--- title: "JIR: The impact of the U.S. tariff increase on the company is limited" type: "News" locale: "en" url: "https://longbridge.com/en/news/234980865.md" description: "JIR announced that the 10% tariff imposed by the United States has limited impact on the company. The company primarily sells in the domestic market, has not exported to the United States, and has gradually reduced the components purchased from the United States in recent years. The company will continue to optimize its supply chain and strengthen domestic substitution to enhance the self-controllable capability of its products" datetime: "2025-04-08T09:30:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/234980865.md) - [en](https://longbridge.com/en/news/234980865.md) - [zh-HK](https://longbridge.com/zh-HK/news/234980865.md) --- # JIR: The impact of the U.S. tariff increase on the company is limited On April 8th, Jinshi Data reported that JIR announced that the U.S. government recently issued an executive order on "reciprocal tariffs," announcing a 10% "minimum baseline tariff" on trade partners and imposing higher tariffs on certain trade partners. After preliminary assessment, the company believes that this tariff policy has limited impact on its business. In recent years, the company has only procured a small number of components from the U.S., and as the degree of domestic substitution continues to deepen, the company's import procurement amount has decreased year by year. Since 2019, the company's sales revenue has been 100% from the domestic market, with no exports to the U.S. The company will continue to enhance its independent controllability of products through measures such as optimizing supply chain layout and domestic substitution ### Related Stocks - [300516.CN](https://longbridge.com/en/quote/300516.CN.md) ## Related News & Research - [Fox’s Martha MacCallum presses Trump energy sec on giving people a ‘little bit of relief’ amid skyrocketing gas prices](https://longbridge.com/en/news/286969694.md) - [Scott Jennings voices concern over Trump's $1.7B DOJ fund](https://longbridge.com/en/news/286922300.md) - [Success of Uzbekistan's first London IPO will inspire others, fund chief says](https://longbridge.com/en/news/287033751.md) - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [BREAKINGVIEWS-US gas tax is a fossil from another era](https://longbridge.com/en/news/286925343.md)