How To Deal With New Tariffs

On April 2^nd the US announced reciprocal tariffs against almost every country. A tariff is a tax levied on goods that is usually passed on to the consumer. It is paid by the importing party (in this case a small Tennessee business.) It is not paid by the other country.

These tariffs raised our cost per item in a range from 10% to 37%. In some cases US customs has not even been able to tell us what the final tariff will be. There are few, if any, US sources to import some of these electronics – these items haven't been made on shore in 20+ years. We are hopeful that further trade negotiations will change these rates as we are aware this is very difficult for our dealers. 

In the meantime here are the three steps we recommend to mitigate the short term shock:

Step 1: Consider investing and increasing your inventory on GPS Trackers and Detection Devices. Trackers and detection are sourced from countries with the lowest tariffs, so for now will be affected the LEAST. Our GPS trackers have long-life batteries and are recommended by private users and law enforcement.

Step 2: If a delay in the tariffs is announced, buy extra stock ASAP. Once products are already on-shore, they can't be taxed. 

Step 3: if you are a US consumer, contact your federal representative and tell them how this is affecting you as a business owner. In the past, certain exclusions have been made for certain industries but it's best if US representatives know who is being affected in order to help.