To: Thomas Scientific
Re: Cost Impact due to Government Imposed Tariffs
Cole-Parmer will be implementing a round of price increases e??ective May 1, 2025. As you are likely aware, the US Government has implemented tari??s across the board on foreign manufactured goods as well as increased the tariff on China dramatically.
- Cole-Parmer cannot absorb the latest round of tari??s on behalf of its distribution partners.
- Due to high tariff on Chinese manufactured goods and the de facto embargo it creates, our leadership team has decided to raise price on all products to lessen the impact on Chinese MFR goods and materials (mainly Traceable brand). This will in e??ect mean a much smaller % change across a much larger segment of products.
- Our Pricing team will be sending an updated price file with an e??ective May 1 date in the coming days.
All orders with a pricing discrepancy will go on “Pricing hold” and will not be shipped until pricing is resolved. Note, this could also impact lead-times if pricing discrepancies are not resolved expeditiously.
We ask for your cooperation and understanding – we will continue to observe the fluid situation and remove tariff impact when and where applicable.
Regards,
Steven Rowley
Channel Manager