The U.S. has officially filed the paperwork to raise duties on Chinese products to 25% from 10% at 12:01 a.m. ET on Friday, May 10. With trade negotiations resuming May 9 the Trump administration has stated that it could reverse its decision if both sides make progress during talks; however, at this moment in time the increased duties are in full impact.
As a result, we have contingency planned for both events and will continue to be in touch with each of you as more information surfaces.
As a reminder the following products will be impacted by the tariffs increase:
- Premlene Sheet Rubber & Engineered Structures
- Ceramic Tiles
- Clamps (Worm Gear and RC)
- Couplings (Shielded and No Hub)
- Hose (Rubber, PVC & TPU) with and without fittings
- Shear Bands
Thank you for your continued support and we appreciate your understanding through these unique times.
If you have any questions or concerns please do not hesitate to contact us.
The GCP Team