
Tariffs should be addressed when it comes to the promotional industry. I don’t need to rehash all the information from the media about the Trump Administration adding reciprocal tariffs to every country import into America.
The promotional industry no doubt relies on goods from other counties. The common paradigm for almost all promotional products is that blank goods are purchased in bulk and suppliers imprint client’s logos on the items here in America. Some products are 100% produced overseas. Those orders are usually larger orders, and the cost savings are the main goal. Or the only way to get the specialty embellishment the way the client wants is to have the product fully manufactured overseas.
Proforma’s greatest strength is our supplier network. Proforma has hundreds of suppliers that source blank goods from all over the world, including numerous Made in USA products. The next few months will be uncertain. But Proforma has a highly diversified supplier network of partners that have planned for this type of disruption. One thing all our partners mention is that Covid 19 changed our industry. It gave us a chance to have back-up plans for disruptions just like these tariffs.
Currently most suppliers are holding their current cost or absorbing any increase. The consensus among most of our suppliers is in June they will look at what has transpired and in the last two months determine if any cost increase is necessary. I interpret that to mean that there is inventory on hand and in June they will be looking to replace that inventory and decide what the replacement inventory will cost.
Our recommendations are to order as soon as possible, and to plan 8 to 10 months in advance. If you normally order holiday gifts, order them now while there is inventory. The potential disruption will more likely be towards the end of the year. If you order early there will be no need to rush, get that done now.
Proforma is a full-service print & promotional provider. We are here to help you navigate the ins and outs of print & promotional products, including online stores. We know what the latest trends are and the best quality products. We have done the work of vetting and reviewing the products and services so you can focus on the parts or your job that are the most important. Tap into the advantages Proforma offers. Now is the time to make sure you have a back-up supplier, and Proforma will have your back so you can rest easy.






