US lighting manufacturer RAB issued a notice saying that because many goods, including lighting fixtures, controls and lighting components, have implemented additional tariff increases, RAB cannot fully absorb these costs, thus determining the average price increase of products by 15 %, implemented on May 20, 2019.
Orders shipped immediately before or on May 20 will be invoiced at the current price. After this date, all orders placed and shipped will be executed at the new price.
Previously, American lighting company Acuity Brand also announced an additional price increase of 15% for some lighting related products.
The analysis believes that the upward adjustment of tariffs will lead to more American lighting brands to join the price increase to reduce tariff shocks.
