Tariffs- What we Know- What GCE Is Doing- What You Can Do

As you may have already heard, the White House has recently enacted a 10% tariff on all imports, in addition to reciprocal tariffs that took effect on April 2nd. We are observing potential price increases ranging from 10-50% for most apparel items, however, yesterday it was announced that there will be a 90 day pause. This intense and evolving situation is prompting ongoing negotiations among various countries, and we are committed to keeping you informed as developments unfold.

We are truly fortunate to collaborate with outstanding partners in our industry, many of whom are currently absorbing tariff increases and maintaining their pricing in the short term. However, we anticipate price adjustments to take place by June 1st. It’s important to remember that apparel is produced across multiple countries, and suppliers will soon be working to relocate production to nations with lower tariffs. On a brighter note, regarding promotional products, we are proud to work with exceptional domestic partners who boast ample inventories, allowing us to maintain stable pricing in the near future as we guide our clients towards the most cost effective options. Your understanding and support during this time are greatly appreciated as we navigate these changes together!

As of today, the tariffs on products imported from China have soared to over 100%, a significant factor to consider, especially since more than 60% of drinkware and various promotional items are manufactured there. At GCE, we believe in transparency and proactive communication, which is why we pricing our projects individually, ensuring that you are always informed about any price increases while diligently working to find the best solutions for you. Our commitment extends to absorbing smaller tariff percentages wherever possible to maintain cost stability. We are dedicated to collaborating with our suppliers to identify optimal state-side alternatives that meet your needs while keeping costs manageable.

Rest assured, we will promptly communicate any changes to keep you well-informed and up-to-date. Above all, our priority remains to provide you with the stellar service and high-quality products you have come to expect from us.

We want to encourage you to plan ahead. As this plays out over the next few months, we invite you to place any orders you anticipate needing, as this will help you secure the most favorable pricing. It’s important to note that as prices rise, we may experience inventory shortages as the lower priced products are secured in the short-term. So if you have a clear vision of your needs for this year and your budget allows, we highly recommend securing your product inventory now. Remember, we are all in this together, and our commitment is to help you navigate any potential increases without compromising the exceptional service and quality.

Let’s work together to ensure your needs are met seamlessly!