How We Are Affected by the Tariff Conflict

December 6th, 2018 by admin

Summer project

About 22% of our warehouse inventory are imported materials from China. Given the current climate, the tax on imported materials from China has been going up and continues to increase. While many businesses, including us, do our best to offer the best and most affordable price possible to our customers as taxes continue to rise, it will start to trickle down to our prices.

Tariffs are expected to rise to 25% by January 1, 2019, with an added 15% increase in the beginning of the year on top of the current 10%. This will affect many US industries that rely on materials from international imports. So, what does this mean for you?

Every sector will be affected, from retailers like Walmart, Gap, and Costco to corporations like General Motors and Coca-Cola, which have already started raising their prices to accommodate for the increase tariffs. Automotive manufacturers predict in the coming years, if the duties on metals and other materials continue to rise, cars will become more expensive. This will ultimately lead to Americans buying fewer cars in the years to come.

Of course, this has also affected us. Here at Alpha Tile, we strive to give you the best materials for your home, business or project. While we have done our best to keep prices low, it is essential for us also to be completely transparent when it comes to you, our loyal customers. As taxes continue to surge, the prices of some of the products we offer will start to inflate as well, likely during the beginning of next year. Now is the best time to contact us or visit one of our warehouses to take a look at our fantastic inventory, and get your hands on some of the best flooring and tiling material in the industry. We are here to assist you in any way possible; just come in or give us a call and we'll pair you with a consultant to get you all the help you need. Get the best deal now on your next home renovation or architectural project.