May 1, 2025
RE: Price Adjustments due to US Tariff
Dear Valued Customers,
The US Government has imposed significant tariffs on imported products from most countries. Specifically, products of laboratory glassware from China are now subject to a 125% “reciprocal tariff” plus a 20% “Fentanyl tariff”. US Government also clarified on April 16 that this is indeed in addition to “Section 301 tariff” of 25% on laboratory glassware implemented in 2018.
In hoping that the tariff situation could improve somehow in the long term, Kemtech has decided to bear most of the tariff burden in the short term, giving the current difficult funding situation most of our customers face. While it is almost impossible to manage the pricing under the current environment, I am writing to inform you that Kemtech will implement a short-term price increase of 20% on all products. Effective July 1, 2025. However, we will have to continue to monitor the situation for possible additional price increase in the future if we do not get any tariff relief shortly.
We hope we would not have to implement any additional price increase, if one or more the tariff is canceled or reduced. We appreciate your understanding and we look forward to working with you to minimize the tariff impacts on our customers.
Sincerely,
John Wang
President