Tariffs
March 4 2025
Today, March 4th, 2025, the United States government implemented a 25% additional tariff on all goods produced in Canada and Mexico, effective immediately. For now, the de minimis threshold on US imports remains in place. This means new tariffs will be applied to goods produced in Canada or Mexico that are sold to buyers in the United States, valued at US$800 or more, regardless of item condition.
Right now there are no changes to shipping or affected systems.
February 5, 2025
Tariff and Pricing Update
Dear Valued Customers,
This communication addresses the recent tariffs implemented by the U.S. government and subsequent retaliatory tariffs from the Canadian government. These actions have introduced market uncertainty, and we are actively monitoring the situation.
Currently, a 30-day suspension of tariffs between the U.S. and Canada is in effect while both governments engage in discussions. During this period, operations continue as normal.
We understand the potential impact of tariffs on pricing and are committed to minimizing any effect on our valued customers. Our priority is to maintain current pricing structures, and we are exploring all available options to achieve this.
We are managing this situation dynamically, assessing costs daily and making necessary adjustments. We remain optimistic that these tariffs will be reduced or eliminated, restoring market stability.
We appreciate your patience and understanding as we navigate these evolving circumstances. As a small business, your continued support is invaluable, particularly during this time. We sincerely thank you for your loyalty.
We will provide further updates as information becomes available. Please do not hesitate to contact us with any questions.
Sincerely,
Mike & Cindy
Mikes Reel Repair