Tarrifs and the current world economy
As the landscape of international trade shifts, many businesses are facing new U.S. imposed tariffs on imported goods. If you are importing components or finished products in to the USA, you are likely to navigate increased costs. (Does not apply to other countries)
At SP Laser, we believe that transparency is key to maintaining trust. We know that news of price increases is never welcome, which is why we are committed to being open about why these changes are happening and how we are working to minimize the impact on you.
Here is how we are navigating these changes and what it means for our US customers.
1. What Are the New Tariffs?
Recently, the U.S. government implemented new tariffs (Executive Order 14324) on various physical imported goods. These tariffs act as a tax on imported items, increasing the landed cost of goods.
In accordance with Executive Order 14324 (International Emergency Economic Powers Act (IEEPA)) which applies to all shipments from outside the USA, whether it is sent via mail, another courier or freight company or through a commercial channel.
Physical goods (not digital products) valued at US$800 or less that are shipped to the United States through any means are subject to tariff rates based on the product’s country of origin, and the material the product is made from. For items manufactured in Canada, for example, the current IEEPA rate is 15% for products not covered under the current CUSMA agreement.
2. Our Approach: Transparency and Action
We are not simply passing on costs without thought. We are doing our part to mitigate the impact, including:
- Negotiating with Suppliers: Actively exploring ways to share the cost burden.
- Improving Efficiency: Streamlining our supply chain to offset increased costs.
- Exploring Alternatives: Sourcing from new, non-affected suppliers where possible.
3. What This Means for Your Orders
Despite these efforts, some price adjustments are necessary to ensure we can maintain the quality and service you expect.
- Effective Date: Beginning [Feb 15, 2026, some product prices will reflect these new, increased costs.
- Transparency: We are providing clear information about these changes, rather than letting you find out through unexpected invoices.
4. How You Can Prepare
We want to help you plan for these changes.
- Pre-Buying Opportunities: For a limited time, we are honoring current pricing on certain stock. We encourage you to review your inventory needs and place orders before Feb 28, 2026.
- Alternative Options: Our sales team is available to discuss product alternatives or different configurations that may be less affected by the tariffs.
5. We Are in This Together
We value your partnership and understand that these changes can impact your budget. Please reach out to your account manager or our customer service team if you have any questions or concerns.
We are committed to providing you with the best possible service during this transition.
Thank you for your continued loyalty and understanding.
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