Import tariffs on certain components used in our equipment have increased up to 25% in the past months. We continue to work to source those specific components domestically, although with limited success. In the meantime, we are forced to pass some of this increased cost on to our customers in the form of a separate surcharge of 2.5% on any shipments to you. If we are successful in sourcing alternatives or in the event the import tariffs are reduced we will reduce the surcharge to you.
Please be aware that the components referenced herein became subject to 25% tariffs over the summer and are not part of the recently announced delay in the change of certain tariff rates from 10% to 25%.
Please note that we have no 2019 price increase planned.
Thank you for your business and your understanding.
Sanson Machinery Group