Do not worry, this post will not have politics, just some basic information.
At this point, everyone is aware of the tariffs being charged against imported Chinese goods which include thousands of things, including circuit boards and electronic components… that affects us. Currently the tariff is 10% but will jump to 25% next year.
Short term, I have not seen any significant increase in prices. All of our circuit boards are made in China but I was unable to see any specific cost increase due to tariffs, so either the prices have gone up slightly prior to the tariffs so as to make the increase seem normal, or maybe small enough companies are not being charged the tariffs. This is beyond what I care to investigate, so I won’t complain in the mean time.
One of my major parts suppliers (they provide all the Molex connectors) sent out an email saying their company would pay any increase in costs due to tariffs, at least for now. Thank you!
Other suppliers have “current” prices for components already in inventory, but prices will go up once they need to re-order and incur the extra charges.
So, the good news is that Corsham Tech will not be raising prices due to tariffs, at least not until we are impacted. Costs for many parts are going up so some of the boards might get price increases early next year.
I stayed out of politics for this post, but if you really want to know my political/business view of this, feel free to drop me a personal email.
