April 3, 2025
KNF Neuberger's Response to New and Increased Tariffs
Dear Valued Customer,
The U.S. government has announced increased tariffs on all imported goods. These tariffs vary by country of origin and product type, impacting both components and finished goods. Given the complexity and evolving nature of these changes, we are working to fairly manage the added cost burden while minimizing frequent fluctuations for our customers.
As a globally operating company, the KNF Group has long supported the principles of open and fair trade, recognizing the benefits of a stable and balanced international marketplace. While we acknowledge the complexities of global trade dynamics, our focus remains on ensuring continuity and reliability for our customers while adapting to these evolving circumstances.
What this means for you:
- A Tariff Adjustment Charge Will Be Applied - We will implement an averaged tariff charge as a separate line item on invoices to distribute costs without constant fluctuations.
- Continuous Monitoring and Adaptation - Our team is closely tracking developments and will adjust our approach as more clarity emerges.
- Exploring Cost-Mitigation Strategies - We are reviewing potential sourcing adjustments and alternative solutions where possible.
We remain committed to keeping our customers informed and working together to navigate these changes in a fair and practical manner. We appreciate your partnership and patience as we assess the evolving situation.
Best regards,
Robert Wassmer
President
KNF Neuberger, Inc.