On March 3, 2025, President Trump issued an amendment to the Executive Order that imposed a 10% tariff on all imports from China (and Hong Kong), changing the tariff rate to 20%. The tariff increase applies to products that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. Eastern Standard Time, March 4, 2025. 

The tariffs will remain in effect indefinitely, until the president decides to remove them. Further tariff increases – by the United States and the target countries – are possible over the next few weeks. The orders state that the president may raise the tariffs further if Canada, Mexico, and China retaliate. All three countries have signaled their intention to retaliate.

At Triton Global, we source premium parts from around the world, with a strong network of partners primarily in China. While the new tariffs will inevitably impact costs, we are not alone—the effects are industry-wide and will influence all businesses connected to global supply chains. Moreover, tariffs contribute to higher costs for domestic commodities, driving up living expenses and inflation. Ultimately, even domestic manufacturing costs are likely to rise, making it clear that no one is exempt from the ripple effects of these price increases. However, one thing remains unchanged: our unwavering commitment to supporting our customers. Triton will actively collaborate with our vendors to optimize costs and mitigate the effects of these price increases. As your trusted sourcing partner, we ensure that the parts you purchase from us will remain competitively priced, helping you stay ahead in this challenging and evolving market.