Smith Names Jessie Lam Director of Trader Development, APAC
Jessie will work closely with local management and drive trader growth and development strategy i...
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:
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.
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