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Emerald Technologies Addresses New Tariff Imposed on Goods Originating from China
February 18, 2025 | Emerald TechnologiesEstimated reading time: 1 minute
Emerald Technologies is closely monitoring the recent announcement of an additional 10% tariff on all goods originating from China. This tariff, effective February 4, 2025, will be applied in addition to existing tariffs on Chinese goods, such as those imposed under Section 301.
As outlined in the White House Fact Sheet published on February 1, 2025, this tariff is being imposed under the authority of the International Emergency Economic Powers Act (IEEPA). While a detailed list of HTS codes is not yet available, it is expected that the tariff will be applied based on the country of origin methodology currently used for Section 301 and other special tariffs.
Emerald Technologies will be passing these additional tariffs on to customers. We will notify you of any cost increases using your established process or work with you to set one up if needed.
Strategies for Tariff Mitigation:
- Identify Country of Origin: We encourage our customers to carefully review the country of origin for all components. Identifying alternative sourcing options may help mitigate the impact of these tariffs.
- Explore Alternative Manufacturing Locations: Emerald Technologies operates a fully operational facility in Penang, Malaysia, which can serve as an alternative manufacturing location for customers seeking to diversify their supply chains beyond China.
Emerald Technologies remains committed to supporting our customers in navigating this evolving trade environment. We will continue to monitor the situation closely and provide updates as new information becomes available.
We encourage you to reach out to your Program Manager with any questions or to discuss strategies for mitigating the impact of these tariffs on your specific business needs.
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Tariffs: Hope for the Best, Plan for the Worst
06/04/2025 | I-Connect007 Editorial TeamPaul Krugman received the Nobel Prize for Economics in 2008 for his work in economic geography and identifying international trade patterns. In April, he told the Goldman Sachs Exchanges podcast1, “The secret sauce of the Trump tariffs is that they are extremely uncertain. Nobody knows what they will be. Nobody knows what comes next. Now, if you’re a business trying to make plans, would you want to invest under those conditions?”
Nolan’s Notes: Moving Forward With Confidence
06/03/2025 | Nolan Johnson -- Column: Nolan's NotesWe’re currently enjoying a revitalized and dynamic EMS provider market with significant growth potential. Since December 2024, the book-to-bill has been extremely strong and growing. Starting with a ratio of 1.24 in December, book-to-bill has continued to accelerate to a 1.41 in April. Yet, there is a global economic restructuring taking place. To say that the back-and-forth with tariffs and trade deals makes for an uncertain market is an understatement. While we may be in a 90-day tariff pause among leading economic nations, the deadline is quickly approaching and that leaves many of you feeling unsettled about what to expect.