April 11, 2025
Last week, President Trump increased import tariff rates from China from 20% to 54%. Yesterday, he increased those rates to 145%. Certain items are now subject to even higher tariffs. These new increased tariffs will affect shipments that we will receive in May.Last year, in anticipation of potential tariffs we strategically increased the volume and timing of our purchases so that we would receive shipments before any possible new tariffs. As of yesterday, fewer than 12% of our items have been subject to these new tariffs, resulting in price increases of about 10% on those items. The rest of the items are still at the original 2025 pre-tariff pricing. Unfortunately, the percentage of tariff-affected items will increase as we receive new shipments.For more details, please reach out to your sales representative. As always, our website will reflect the most up-to-date pricing.
Sincerely,
The Stuff Shop