Dear Valued USD Products Customer:
As you are most likely aware, the Federal Government has been imposing tariffs on a wide range of goods imported from China. Unfortunately, many of the affected products are sold in our industry, and some of them are sold by USD Products.
As much as we had hoped that negotiations between the U.S. and China would have mitigated or eliminated the imposed tariffs, it is clear that this is not going to happen. The government announced on September 17, 2018 that an additional $200 billion import commodities will have a 10% tariff imposed effective September 24, 2018 and that will increase to 25% on January 1, 2019. Regrettably, we have to put forth a price increase to help offset these new costs.
Effective Friday, October 5, 2018, we will be implementing a 10% price increase on all orders received on that date and going forward.
If you have any concerns or questions, please direct them to your USD sales representative or any of us listed here and we’ll be glad to answer them for you. Your understanding of this difficult time and support are appreciated. If you would like to read more on the U.S. Trade Tariff, please click here to be directed to the U.S. Trade Representative site.
USD Products, Inc. Management