Baolong Automotive: It is expected that after the company establishes TPMS production capacity in the United States, the uncertainty of U.S. tariffs can be reduced
Jin10 Data reported on April 8th that Baolong Automotive stated on the interactive platform that after the United States announced the imposition of "reciprocal tariffs," Sensata has already added a 25% tariff to prices in the U.S., confirming that it does not meet the local value-added requirements of the USMCA. Regarding the TPMS products produced by Baofu Electronics in Germany and exported to the U.S., the company will also quickly raise prices to offset the imposed 20% tariff. For further expansion into the North American TPMS market, it is expected that after the company establishes local TPMS production capacity in the U.S., the uncertainty of U.S. tariffs will decrease, and competitiveness will be strengthened
