July 31, 2018
To: Our customers
Beginning July 6, 2018, the United States put into effect 25% tariffs on over 800 different products imported from China (the so-called “Section 301 tariffs”). While many auto parts categories were excluded, certain products are impacted by the 25% tariffs. As a result, a number of our suppliers have been required to introduce price adjustments on all affected product types.
The United States is considering a second list of auto part categories for additional tariffs that will be decided in August. These tariffs could be temporary as the US and China trade negotiations remain fluid. Should our government eliminate, modify or extend these tariffs in the future we will respond accordingly.
The “Estimated Change” percentages listed below reflect information provided to Hanson Distributing Company by the Vendor. This may reflect individual or flowed change percentages. Price changes from Hanson Distributing Company will reflect the actual changes as passed to us by the Vendor.
So far we have been informed of increases on the following products:
Updated: August 17, 2018
|Brand||Category||Estimated Change||Effective Date|
|Medco||Select Part Numbers||TBD||8/15/2018|
|Spectra (select SKUs)||Fuel Pumps||17.23%||8/15/2018|
|Delphi (select SKUs)||Engine Management Products||1% To 6.7%||8/20/2018|
|Mevotech||Select Hub Assemblies||25%||9/1/2018|
|DuraGo||Select Hub Assemblies||10%||9/10/2018|
|Champion Iridium||Spark Plugs||10%||10/1/2018|
|National Bearings||Hub Bearings||2.80%||10/1/2018|
|Wagner||Drums & Rotors||3%||10/1/2018|
|Bosch Brakes||Multiple||4% To 7%||TBD|
|Standard Motor Products||TBD||TBD||TBD|
Hanson Distributing will continue to evaluate our category offerings to bring you the best value and quality in the aftermarket and will be working to implement these tariff price changes with the least amount of impact to our customers as possible. Included are the expected change dates that we are currently aware of.
Thank you for your understanding and support.