The Effect of Trade Tariffs on ICOMold Parts
With the recent announcement regarding the 25% tariff on certain products coming from China, some customers have asked us if that will affect their pricing. It’s a fair question, considering we have a manufacturing plant in Shenzhen, China. The answer is NO, the new tariffs will not affect the price of our plastic parts, nor the pricing for injection molds imported to the U.S. from China. According to the revised Harmonized Tariff Schedule, the codes we use for injection molded plastic parts, [...]