Tariff Intelligence on Components
On March 5, 2018 the Trump administration began announcing tariffs on imported and exported goods. These Tariffs have been applied to many countries, but primarily targeted on Chinese imports to reduce $419 billion USD 2018 US trade deficit with China.
New Tariffs can add 25% to the cost of components. How can IHS Markit help?
With Tariff Intelligence by IHS Markit, you can leverage our extensive component database to identify part numbers with potential tariff risk. Based on over 400 million HTS codes and Country of Origin data, we can help identify parts with potential tariff exposure and risk.