Effects of Current Tariffs on Fastener Prices
We have been informed Monday, May 13, 2019 by our importing supply chain partners that we will experience across-the-board price increases. Increases range from 3% to 15% due to the Section 301 tariff on Chinese goods.
Not all items will be affected. We will communicate when price increases are necessary. Mudge Fasteners will mitigate the increases as much as possible.
Sincerely,
The Mudge Fasteners Team