GSS Price Adjustment Notification

Dear Valued Partners,

As many of you are aware, the U.S. government recently announced a 90-day pause on reciprocal tariffs. During the pause, the tariff amount will be an even 10%. The one exception is China, where the rate has increased to 145%.

GSS’s primary sourcing partners are in China and Myanmar—two countries directly impacted by the updated tariff structure. As of now, these countries are facing total tariff rates of 145% (China) and 10% (Myanmar). These new rates are in addition to the tariffs already in place earlier this year and apply to both finished products and manufacturing components.

What This Means for GSS

The immediate effect of these tariffs is a substantial increase in imports and production costs across all our product lines. While we have done everything possible to manage these increases internally, the size and scope of the new tariffs now require a pricing adjustment to ensure the continued delivery of high-quality products and service.

What to Expect

• Effective May 12^th, 2025, GSS will implement a 10% price increase on most of our products.
• This will be a single, across-the-board increase rather than item-by-item changes. Our intent is to provide a clear and consistent pricing structure and avoid multiple disruptive adjustments.
• We will continue to monitor the situation closely and explore strategies to reduce cost impact where possible. This includes evaluating alternative sourcing options in lower-tariff regions, as well as reviewing production timelines and inventory planning.

Looking Ahead

If trade negotiations lead to a reduction in tariffs—or if we’re able to diversify our sourcing into more cost-effective markets—we remain committed to passing on any future savings along to our customers.

We understand that price changes can create challenges, and we want you to know that our team is here to support you through this transition.