The Business Impact of the 2018 Tariffs

Earlier this year, tariffs were put in place for a variety of raw materials and finished goods from a number of regions around the world, increasing the costs to bring certain items into the country.

We currently find ourselves in an environment of rising costs for both finished goods and raw materials. Our suppliers are paying more, and as a result, everyone throughout the supply chain is faced with higher prices for the items that are vital to your business operations. You may have noticed changing prices on recent invoices, or even line items disclosing the tariffs which are being imposed on your purchases. Unfortunately, these increases and fees are unavoidable.

We at French Gerleman understand the financial challenges this may pose to your business, and for your customers. We don?t have all the answers to questions surrounding how long these tariffs will be in place, or what the long-term market implications might look like, but we?re committed to standing together with you in this journey and keeping you informed.

If you are open to substitutes, we can identify alternate products without a tariff, when available, upon request. Please contact usor reach out to your Account Manager if there are specific situations you would like to discuss.