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Tariff Collection on Components Begins
As of 12:01 am today, U.S. Customs officials have begun collecting a 25% tariff on a list of imports from China, which include some components used in the sign, graphics and visual communications industry. More proposed tariffs on Chinese products are expected at the end of August. The impact of these tariffs may be disruptive to our industry's supply chain, as domestic supply on certain products currently has limited capacity and may have difficulty keeping up with demand.