By now I’m sure you’re aware, the United States has scheduled import tariffs to be imposed on a variety of products from China – where many of our manufacturing partners’ factories are located. At the moment, there is a great deal of uncertainty around how much the tariff will be. You may have already heard numbers from 10% to 25%, but we are not quite sure where the final numbers will land. The tariff is currently scheduled to impact any listed products that are imported into the USA after October 1, 2018. If the tariffs go into effect as scheduled, we will unfortunately be forced to raise prices proportionate to the imposed duties by early October. Of course, if the tariffs do not go into effect, there will be no tariff-related price increase.
As you can imagine, this is a complex and developing situation that we’re monitoring closely. We will most certainly keep you posted with more specific details as we learn further in the coming days and weeks.
We sincerely appreciate your business and are confident we will be able to work together through these challenging issues. However, we suggest you keep these dates in mind to avoid the impending price increases – especially for any big ticket item you may have been considering to purchase.