Recently, the US pushed forward with an increase on the current tariff rates with the potential expansion of tariffs to cover all Chinese imports. In response, China levied additional tariffs on $60 billion of US exports to China. This will likely result in an increase in prices, ranging from 10-25%, on all promotional products imported from China beginning July 1, 2019.
We remain committed to providing you the best customer service and support as well as the best quality products at the best possible prices. Because of our vast network of suppliers, we are well positioned to source promotional products and materials from around the globe and are hopeful that the tariffs on products made in China will not drastically affect our business. We will continue to keep you updated on how the tariffs will impact our pricing.
Serval of our suppliers have notified of increases on July 1st. But some have inventory and will hold the current costs until they replenish old inventory.
Moving forward our proposal cost will only be good until July 1, 2019.
Keep in mind Proforma can source goods made in the USA. Also many promotional products are made in other countries, in particular serval garments come from Thailand and Vietnam.