Important Update on Tariff Impact & Pricing
February 4th, 2025
Dear Valued Customer,
This past weekend, President Trump announced a 10% tariff on imports from China, set to take effect today, February 4. Based on our understanding, this 10% tariff will apply to all items we import from China. The tariff situation remains fluid and has continued to change since its announcement.
Our customs attorney is closely monitoring the evolving details. We are committed to maintaining our current 2025 pricing through the end of February and will be absorbing any of these new additional tariff costs during this period. Starting in March, if the tariffs remain in place at the announced level, we will adjust pricing on items as they arrive. However, any price increases should remain below 10%.
We encourage our customers to take advantage of this opportunity to make purchases at current prices before any adjustments are implemented. Should there be any significant changes, we will provide updates as needed.
We remain cautiously optimistic that no further tariff increases will take place.
For more details, please reach out to your sales representative. As always, our website will reflect the most up-to-date pricing.
Sincerely,
The Toy Network