ATPGROUP TARIFF UPDATES
april 14, 2025
April 14, 2025 After a tumultuous week of constantly changing tariff policies, it seems that at least for the next 90 days, with the exception of China, the U.S. government has implemented a flat 10% importation tax on all products from all countries. Although we do not expect an immediate rise in prices, as we deplete inventory that was imported prior to the implementation of these tariffs, we do expect to see some price increases. Fully understanding the devasting impact any increases may have on an industry that is already struggling, ATPGroup remains committed to working with suppliers in an effort to help “share the pain” by participating in absorbing some of these increases.
As always, ATPGroup remains very committed to doing right by our customers and we assure you that we will not waiver on this point. Your ATPGroup representative will be reaching out to you in the coming days and weeks to further explain which products you may be purchasing will be impacted by these tariffs.
Thank you for your understanding during these challenging times.
Best regards,
Luca Zanin
april 2, 2025
April 12, 2025
President Trump has recently announced a series of new tariffs on all goods entering the United States with the stated goal of aligning US import duties with the tariffs that other countries impose on American exports. While the details of this announcement are still unclear in many ways, we feel it is important to write to all of you to share how we at ATPGroup plan to address these tariffs. Our company embodies a culture of taking care of our customers and always being candid with you. To that end, I offer the following:
Tariff Amounts: We are still reviewing what the exact amount of these tariffs will be, the timing, and the logistics of the implementation. Many questions remain unanswered, although we do expect a period of rapid changes and adjustments. We will convey information to you as soon as is practically possible, and we will do our very best to ensure that the information we provide is accurate.
Tariff Timing and Implementation: Our current understanding is that these tariffs will be in effect beginning April 5th at 12:01 am. Therefore, we will act as though we must be compliant with the payment of tariffs at that time. If this changes, we will adjust to the timeline directed by our government.
I want to say, on a personal note, that I understand that this presents a myriad of challenges for U.S businesses. We share with you any sense of trepidation, but please know that the principles that guide us in business—Honesty, Integrity, Passion—and a desire for us all to prosper together will serve us well. We welcome your calls, and we genuinely value your business. Together, I know we are all going to thrive.
Please do not hesitate to reach out if you have any questions. We are here to help.
Best regards,
Luca Zanin