Effective today, the US has increased the 10% tariff on certain products with country of origin China to 25%. This tariff applies to products listed in List 3, which originally went into effect in September 2018.
For Smith and our customers, this List 3 covers key products such as: FANS, MOTHERBOARDS, VIDEO GRAPHICS CARDS, ALL DIMM MODULES, POWER SUPPLIES/ CONVERTERS/ RECTIFIERS, INDUCTORS, CERTAIN BATTERIES, NETWORK SWITCHES AND ROUTERS, SERVER SYSTEMS, ADAPTER CARDS, AND NETWORK EQUIPMENT.
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The tariff applies to product that:
- has China as its country of origin;
- is shipped to the U.S. on or after May 10, 2019; and
- is classified under any of the listed HTC codes
Any affected products which are in transit before May 10 and arriving to the US before June 1 are subject to the 10% tariff.
This is in addition to any existing duties that may be imposed on the product. For example, if a covered product has an existing rate of 5%, the new tariff for that item will be 30%.
If an affected product is in transit before May 10 and will be arriving to the US before June 1, the tariff remains 10%. If the product arrives on or after June 1, the tariff will increase to 25%.
Smith will continue to monitor the situation. In the meantime, please contact your Smith representative if you have any questions or request a quote here to find the parts you need today.