dismiss

Mark your calendars: the next Clean Sweep Live Auction will be on Thursday, June 21st Click to view the full catalogue

DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

 

 

CT Homepage

MIT research yields more efficient anatomical 3D printing How 'dithered bitmaps' may increase accessibility of 3D printing in imaging

In PET and SPECT, getting more sensitive and working smarter A look at the newest systems on the market

Trump moves ahead with tariffs, launches trade war with China Applies to medical imaging equipment and parts

Chronos Imaging sells 100th CT X-ray tube in under three months Moving quickly after acquiring the former Dunlee CT tube facility from Philips

Urbana hospital turns to projections to keep kids calm during CT scans Making the diagnostic imaging experience less traumatic for children

Tips for responding efficiently to equipment downtime Experts at AAMI discuss strategies to get back up and running

Glassbeam partners with Calamed Enters Caribbean and Latin American markets

Glassbeam unveils AI anomaly detection for imaging modality maintenance Allowing better awareness for tube temperature, waterflow changes

US lawmakers seek exemption for medical devices under China tariffs Could hurt US manufacturers' ability to compete globally, and raise healthcare costs

Richardson unveils replacement tube for Toshiba CT systems The ALTA750 is compatible with wide range of scanners

NEMA has called for the USTR to
reconsider its 25 percent tariff
prosposal

NEMA calls for reform or alternatives to China tariff proposal

by John R. Fischer , Staff Reporter
The National Electrical Manufacturers Association (NEMA) testified Tuesday before a committee about the ramifications a tariff proposal by the Office of the United States Trade Representative, would have for medical imaging and other types of manufacturers who import their products or parts from China.

The trade association argued to the Section 301 committee that imposing a 25 percent tariff on more than 100 electrical products imported from China poses the risk of creating an unfair playing field among manufacturers as well as additional tax burdens on companies and the risk of upsetting the Chinese in a move that could hurt U.S. trade internationally.

Story Continues Below Advertisement

THE (LEADER) IN MEDICAL IMAGING TECHNOLOGY SINCE 1982. SALES-SERVICE-REPAIR

Special-Pricing Available on Medical Displays, Patient Monitors, Recorders, Printers, Media, Ultrasound Machines, and Cameras.This includes Top Brands such as SONY, BARCO, NDS, NEC, LG, EDAN, EIZO, ELO, FSN, PANASONIC, MITSUBISHI, OLYMPUS, & WIDE.



"According to U.S. government trade data, we have estimated the 2017 value of Chinese shipments to U.S.-based electrical and medical imaging manufacturers was approximately $9 billion, or slightly less than 1/5 of the entire $50 billion in imports targeted by the proposal," NEMA told HCB News. "If the 25 percent tariffs are implemented as proposed, they would represent a tax increase on U.S. manufacturers and their industrial, commercial, and residential customers valued at about $2.25 billion."

The proposal, announced in March by President Donald J. Trump, aims to curb interest among American companies in transferring technology and intellectual property to domestic Chinese enterprises, issuing a tariff on approximately $50 billion worth of Chinese imports.

USTR argues that such an action is valid under Section 301 of the Trade Act of 1974, which authorizes the president to take all appropriate measures, including retaliation, to remove any act, policy, or practice of a foreign government that violates an international trade agreement or is considered unjustified, unreasonable, or discriminatory, and that burdens or restricts U.S. commerce.

The list of items affected includes CT, MR, ultrasound, and X-ray units, but extends to a variety of other technologies, from electric motors to residential thermostats.

NEMA claims that by issuing a 25 percent tax on each imported product or component, the tariff puts those affected by it at a competitive disadvantage to domestic and foreign manufacturers not impacted.

In addition, the proposal places greater tax burdens on U.S. manufacturer operations that already pay for steel and aluminum imports, and increases the risk of a retaliation by China that could materially disadvantage many in the Chinese and global markets.
  Pages: 1 - 2 >>

CT Homepage


You Must Be Logged In To Post A Comment

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2018 DOTmed.com, Inc.
ALL RIGHTS RESERVED