Some replacement parts to increase in price |
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Some replacement parts to increase in price |
mepstein |
Mar 14 2018, 05:07 PM
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#1
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914-6 GT in waiting Group: Members Posts: 19,272 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
Got an email from restoration design -
To all our valued customers, President Trump has signed an executive order imposing a duty of 25% on all parts produced outside of North America. This will include all parts produced in Europe, China and Taiwan. This order does not affect Canadian parts at this time. If you anticipate needing parts, call us or look at our website to determine which parts this executive order will affect. To avoid the 25% duty rate, parts will need to cross into the USA prior to March 23rd, 2018, when the executive order will take effect. |
Mikey914 |
Mar 14 2018, 07:08 PM
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#2
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The rubber man Group: Members Posts: 12,669 Joined: 27-December 04 From: Hillsboro, OR Member No.: 3,348 Region Association: None |
We move a lot of aluminum. Most of it is from the pacific northwest, we have seen about a 2.5% increase in cost, which is about double what we typically see in a year. The cost is the cost, but on a finished product most of the value is in the end product. A 2.5% cost for us is easily passed on in at less than a1% increase the customer sees.
I say the email. Thought I should bring in a bunch of RD metal, then realized it looks like it affects only a few parts at most. |
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