Monday, May 13, 2019
To Our Valued Customers,
On Friday, May 10, 2019, the Office of the United States Trade Representative announced it is raising tariffs from 10% to 25% on roughly $200 billion worth of goods imported from China.
As a result, price increases by many of our major vendors will be implemented and will become effective as soon as Wednesday, May 15, 2019. We have not been given specific information, but the increase will likely range from 10% to 25% from current costs.
The final day for entry and release of orders at current pricing will be Tuesday, May 14, 2019. All orders entered or released for shipment after this date will be invoiced at the new prices without exception.
We appreciate your support through these dynamic market conditions, and we will continue to monitor and communicate any changes to the tariff rate, implementation date, or scope of items that will be affected by this increase.
You are central to our business and we are grateful for the trust you’ve instilled in us as your electrical solutions provider. Please contact your Sales Representative with questions or further information.
Ted Dlugolecki, President
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