Midea Group Co Ltd Class A
000333: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !D | LOCK|^v<F | LOCK|jL>YfW& |
We Expect a Limited US Tariff Hike Impact on Chinese Home Appliance Manufacturers
The US government's 10% incremental tariff on goods imported from China has taken effect from Feb. 4, 2025. This leads to a corresponding duty increase to 35% from 25% on most home appliances, including air conditioners and fridges, shipped from China to the US.
