INFORMATION ABOUT
TARRIFS
Urgent update on the effects of recent tarriffs.
UPDATED 4/7/2025
The reality of the tarriffs is taking hold.
Supply Source Options, LLC is working through the current tariff increases. S2O is working hard to mitigate and share in as much of the cost increase as possible; however, some increased costs must be passed on.
Below are the expected rates the US government is implementing based on current known information.
| COO | SEC 301 2018 | FEB/MAR 2025 FENTANAYL | APRIL RECIPROCAL | SECT. 232 STEEL / ALUMINUM | VENEZUELA OIL |
|---|---|---|---|---|---|
| China | 7.5% / 25% | 20% | 34% | 25% | 25% |
| Korea | 36% | 25% | |||
| Taiwan | 32% | 25% | |||
| Canada | 25% Non USMCA Compliant | 25% | |||
| Europe | 20% | 25% | |||
| Mexico | 25% Non USMCA Compliant | 25% | |||
| Vietnam | 46% | ||||
| UK | 46% |
Unfortunately, as of today, there will be immediate price increases for you, the customer/end-user. You will see invoices immediately updated as of April 9th, 2025.
Once tariffs are removed, your price will immediately go down.
Additional pricing communications will follow for affected parts and components.
Sincerely,
Michael Miller
President
Supply Source Options