News & Events

NAC Announces Policy on Adjusting Pricing Due to US 301 Tariff-Related Cost Increases

Clearwater, FL — January 1, 2025 — In response to the escalating tariffs imposed on certain imported Chinese goods under Section 301, NAC has implemented amended its policy to address the impact of these additional costs on our pricing structure. This policy reflects our commitment to balancing economic realities with customer value.

Policy Overview: As a result of the increased tariffs, manufactured product with a country of origin of China are expected to experience significant cost increases in sourcing and production. As far as NAC’s product lines are concerned the increase was only applied to Semiconductor products within the 8541 and 8542 Harmonized Tariff Code (HTS Code) categories. This will increase the tariff rate from 25% to 50% for products invoiced after Jan 1st, 2025.

To ensure business sustainability and the continued delivery of high-quality products and services, we will be adjusting our pricing in the following ways:

  1. Proportional Adjustments:
    • Pricing adjustments will be directly tied to the additional costs incurred due to tariffs.
      1. For materials that has a 25% tariff rate, NAC will continue to charge a 20% tariff fee calculated from the unit resale to the customer.
      2. For product that has a 50% tariff rate, NAC will begin to charge a 40% tariff fee calculated from the unit resale to the customer.
        • We are committed to minimizing the impact on customers by absorbing as much of the cost increase as feasible.
  2. Supportive Measures:
    • Our team is available to discuss individual needs and provide customized solutions wherever possible.

Commitment to Quality and Service: Despite the challenges posed by these tariffs, NAC remains dedicated to maintaining the quality and reliability our customers expect. We will continue to explore alternative sourcing options and cost-saving measures to reduce the long-term impact of tariffs.

Customer Support: For questions about these changes or to discuss potential impacts on your specific needs, please contact you dedicated account representative, or visit NAC Contact Us. Our representatives are ready to assist and provide further clarity.

About NAC: NAC is a global electronic component, manufacturing, IT equipment distribution company. Our rapidly growing linecard of solutions in these areas meets the needs of specific market segments including Industrial, Military/Defense, Aerospace, Audio, Computing, Lighting, Medical, Telecom/Networking, Power, and Networking. With resources that begin with Field Sales Engineers and extend to our Global Sales offices, NAC is building an infrastructure that ensures the highest level of service for our customers and suppliers.

More information can be found at the Federal Registry's National Archive - Notice of Modification: China's Acts, Policies and Practices Related to Technology Transfer, Intellectual Property and Innovation