On May 10th the US Trade Representative's office increased tariffs from 10% to 25% on many goods imported from China. Many of our manufacturer partners rely on a variety of component parts and materials from all over the world to produce their products. Therefore, they have been forced to implement a tariff surcharge on their orders.
Here are the manufacturers who have implemented a tariff surcharge:
Effective June 1, 2019, the following adjustments will take place:
- The current surcharge of 3% will increase to 7 ½ % on all products.
- Previously quoted projects registered NLT May 31st may be registered for price protection using the 3% current surcharge, provided the order is placed by July 1st and can ship when ready.
- As is currently the case, the surcharge will be added as a line item to the net price.
- The printed Price Book will not reflect the 7 ½% surcharge, but the pdf on our website will be updated to include the 7 ½% surcharge on the front cover and stickers will be available to add to the printed version.
- Updated surcharge information will be added to the website Chair Designer by June 1, 2019.
A 6% tariff surcharge on all orders received on or after July 1st, 2019.
Note: When the 10% tariff was imposed back in September of 2018, Lesro absorbed the burden and did not implement a tariff surcharge.
Effective June 15th, 2019 we will be adding an additional 5% tariff surcharge on our invoices on all products produced at our China manufacturing facilities. The tariff surcharge total will be 10% as of the June 15th date.
Click on the links below for a listing of items affected by the tariff:
Note: In the event that the tariff is reduced or repealed, the surcharge will be reduced or repealed.
While Safco has taken measures to absorb the impact of the tariff, it is not possible for them to absorb the entirety of the cost increases. As a result, effective June 3, 2019, Safco Products will institute an additional 7.3% list price increase on imported items affected by the tariff and a 2.3% increase on domestic and non-China imported products resulting from increases on imported materials, parts and components. These pricing adjustments are in-line with previous Safco surcharge notifications regarding potential tariff increases.
SAFCO will evaluate pricing levels in the event the China tariffs are repealed.