3/28/2025
Dear Valued Distribution Partner,
2025 has proven to be an uncertain business environment with the recent announcements of tariffs on goods from several countries, including Mexico, entering the United States. This has a direct impact on the Biotix product portfolio. As of today, a 25% tariff is scheduled to be implemented on April 2, 2025, by the United States government.
Biotix expects to share a portion of the cost of these tariffs with our distribution partners whilst we do our best to absorb most of these costs on behalf of our customers. Earlier this year when the tariff was in effect for several days, Biotix absorbed all those costs. Biotix will assess assignment of a 10% tariff material surcharge to all products effective by early/mid-April The surcharge will be lifted immediately when the underlying tariff is eliminated. Biotix appreciates that you as a key distribution partner understands that these costs are out of our control and that we are absorbing greater than 50% of the expenses.
We will continue to communicate with full transparency on tariffs as this topic continues to evolve and more information is available.
Please feel free to contact us with any questions.
Sincerely,
Biotix, Inc.
Cameron Barnard, President