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Tariff Effect on the Industry

We have seen many companies announce price increases due to the pending additional 15% tariff on imported goods from China that was to go into effect on January 1st. The recent agreement between the US and China put the increase on hold for 90 days and many of those companies have since announced delaying the price increase pending the outcome of the continued talks. While we don't know what will happen in the next 90 days, we are working closely with our suppliers to stay on top of the situation and provide you with timely information.

 

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We have seen many companies announce price increases due to the pending additional 15% tariff on imported goods from China that was to go into effect on January 1st. The recent agreement between the US and China put the increase on hold for 90 days and many of those companies have since announced delaying the price increase pending the outcome of the continued talks. While we don't know what will happen in the next 90 days, we are working closely with our suppliers to stay on top of the situation and provide you with timely information.

 

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