How Tariffs Affect Your Business…
President Donald Trump’s tariffs on $34 billion in Chinese goods sets the stage for price increases that will affect your business. In our industry, we are already seeing increases as a result of imported parts or machines from Chinese factories as well as American products that have suffered increases in aluminum and steel.
Starting August 1st, invoices will show an additional line item called “tariff surcharge” which will reflect a temporary charge of 15.75%. The tariff surcharge does not affect the Ice 900, Follett line or the WL800.
We will continue to work to offset the impact of this increase and we will react swiftly to remove the surcharge once the tariff is lifted.