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This is the 2nd one of these warnings/requests that I've gotten from an American equipment maker. This one doesn't concern me at a personal level, but I guess it's just a matter of time.
Pasted below:
We Need Your Help.
You may have heard about the ongoing trade battle between the U.S. and China.
If you haven’t, here is a brief timeline of events:
March 22, 2018: President Trump released a list of $50 billion dollars worth of imports from China and announced new tariffs that would be implemented, having a dramatic impact on imports and exports between the U.S. and China.
July 6, 2018: A 25% tariff on $34 Billion of Chinese goods began with another $16 billion dollar tariff to be implemented at a later date.
July 10, 2018: The United States Trade Representative gave a list of $200 billion dollars of Chinese imports that will potentially face an additional 10% tariff.
August 1, 2018: President Trump proposed to have the 10% tariff on a list of $200 billion dollars of Chinese imports increased to 25%.
Apogee Electronics takes pride in manufacturing our products in the US, but like most companies we rely on electronic components from China. In many instances there is not a second source for these components outside of China.
As of July 6th the cost of materials and components from China has risen by 25%.
The July 6th tariff imposing a 25% tax on electronic components from China affects a large percentage of our material costs, which will ultimately result in price increases, something we actively try to avoid.
This ultimately can have an impact on the employees of Apogee, and their families - changing the role we play on the economy in Santa Monica, CA and the U.S. and could also affect the charitable impact that we have on the world.
Watch this video to learn about Apogee's 30+ years of innovation in the digital audio field.
How can you help?
Please write to your elected representatives and ask them to support a quick resolution to these tariffs. We have attached a sample letter for your convenience.
With gratitude for your support,
Apogee Electronics
Links to all of the Senate and House contact pages:
https://www.senate.gov/senators/index.htm
https://www.house.gov/representatives/find-your-representative
Draft of Letter to Your Senator or Representative
Dear Senator or Representative,
I am writing on behalf of Apogee Electronics, a Santa Monica, CA based company. I would like to share my concern about the current trade battle between the US and China, and communicate how tariffs are affecting small companies like Apogee.
Apogee is a great example of a company that creates American-made products. For over three decades, Apogee has been designing, engineering and manufacturing digital audio recording equipment in the United States. Like most technology companies, Apogee requires a wide variety of electronic components which are only made in China.
Since July 6th, a tariff of 25% was placed on a significant number of the components and materials used by Apogee. These increases may make it necessary for Apogee to look outside the US for a manufacturing site. In addition these tariffs may have an economic impact on staff as well as eliminate the ability to keep charitable commitments.
I ask you to inform the President on how his policy is hurting small companies like Apogee. These tariffs will cause small businesses hardship and irreversible damage.
Watch this video to learn about Apogee's 30+ years of innovation in the digital audio field: Apogee - Making Music Sound Amazing Since 1985 - YouTube
Thank you,
(Your Name)
Pasted below:
We Need Your Help.
You may have heard about the ongoing trade battle between the U.S. and China.
If you haven’t, here is a brief timeline of events:
March 22, 2018: President Trump released a list of $50 billion dollars worth of imports from China and announced new tariffs that would be implemented, having a dramatic impact on imports and exports between the U.S. and China.
July 6, 2018: A 25% tariff on $34 Billion of Chinese goods began with another $16 billion dollar tariff to be implemented at a later date.
July 10, 2018: The United States Trade Representative gave a list of $200 billion dollars of Chinese imports that will potentially face an additional 10% tariff.
August 1, 2018: President Trump proposed to have the 10% tariff on a list of $200 billion dollars of Chinese imports increased to 25%.
Apogee Electronics takes pride in manufacturing our products in the US, but like most companies we rely on electronic components from China. In many instances there is not a second source for these components outside of China.
As of July 6th the cost of materials and components from China has risen by 25%.
The July 6th tariff imposing a 25% tax on electronic components from China affects a large percentage of our material costs, which will ultimately result in price increases, something we actively try to avoid.
This ultimately can have an impact on the employees of Apogee, and their families - changing the role we play on the economy in Santa Monica, CA and the U.S. and could also affect the charitable impact that we have on the world.
Watch this video to learn about Apogee's 30+ years of innovation in the digital audio field.
How can you help?
Please write to your elected representatives and ask them to support a quick resolution to these tariffs. We have attached a sample letter for your convenience.
With gratitude for your support,
Apogee Electronics
Links to all of the Senate and House contact pages:
https://www.senate.gov/senators/index.htm
https://www.house.gov/representatives/find-your-representative
Draft of Letter to Your Senator or Representative
Dear Senator or Representative,
I am writing on behalf of Apogee Electronics, a Santa Monica, CA based company. I would like to share my concern about the current trade battle between the US and China, and communicate how tariffs are affecting small companies like Apogee.
Apogee is a great example of a company that creates American-made products. For over three decades, Apogee has been designing, engineering and manufacturing digital audio recording equipment in the United States. Like most technology companies, Apogee requires a wide variety of electronic components which are only made in China.
Since July 6th, a tariff of 25% was placed on a significant number of the components and materials used by Apogee. These increases may make it necessary for Apogee to look outside the US for a manufacturing site. In addition these tariffs may have an economic impact on staff as well as eliminate the ability to keep charitable commitments.
I ask you to inform the President on how his policy is hurting small companies like Apogee. These tariffs will cause small businesses hardship and irreversible damage.
Watch this video to learn about Apogee's 30+ years of innovation in the digital audio field: Apogee - Making Music Sound Amazing Since 1985 - YouTube
Thank you,
(Your Name)