While we are encouraged by today’s announcement of a modest reduction in certain IEEPA-related tariffs, there remains no official guidance regarding the expiration date of the semiconductor exclusion that offsets reciprocal tariffs announced in April. According to statements from the Commerce Secretary and other administration officials, this exclusion is only temporary and is expected to be replaced by new, semiconductor-specific tariff rates.
As a result, it remains possible that our overall effective tariff rate could still increase, as any new semiconductor tariffs may apply in addition to the already active IEEPA measures. No further clarification has been issued at this time, but we will continue to closely monitor CBP and USTR publications and will provide additional updates as more information becomes available.
As reported by multiple news outlets, the United States and China appear to have reached a framework for a potential trade agreement ahead of the November 1st and November 10th tariff deadlines. However, no final deal has been confirmed, and few substantive details have been released. As a result, it remains unclear how these developments will impact long-term pricing.
At present, FSI continues to face certain tariffs on imported goods, while other duties remain temporarily suspended under the previous tariff truce. It is possible that a new agreement—while potentially avoiding the most severe of the proposed 100%+ tariff increases—could still result in some level of cost escalation, whether through revised tariff rates or the expiration of prior exemptions.
We will provide further updates as soon as more definitive information becomes available. In the meantime, FSI will continue to:
Thank you for your continued understanding and support.
We remain hopeful that resolutions on proposed U.S. tariff policy changes will be reached before the respective November 1st and November 10th deadlines, but as it stands, proposed tariff increases scheduled to take effect on or before these dates could substantially raise the landed cost of most Flanders Scientific products. If some or all of these additional tariffs go into effect, significant price increases for U.S. customers will unfortunately be unavoidable.
To provide a buffer, we are working to stock additional inventory ahead of these proposed changes. However, as a small business, our ability to absorb these increases is limited, and as we’ve seen with past tariff increases, such pending changes can cause a run on inventory. With that in mind, we realistically expect to be able to maintain current pricing only for a very short window if/when the new tariffs are enacted. If you’ve been considering a near-term purchase, we strongly encourage you to place your order now to lock in current pricing.
Order Now to Lock in Current Pricing!
For customers outside the United States, we have contingency plans designed to mitigate major price swings. While these measures should help keep price changes modest, some small increases may still occur due to the added costs of these adjustments.
We sincerely appreciate your continued support and patience as we, like many small companies, navigate rapidly changing and often unpredictable trade policies.
Join us this week at the SMPTE Media Technology Summit in Pasadena at Booth 401!
On Tuesday and Wednesday we will showcase the latest XMP Series innovations, including our upgraded Quad View mode and the new XMP551. Come see the latest in professional HDR monitoring technology firsthand! Register today and use discount code SHFLANDERS for FREE access to the Solutions Hub.