April 15th, 2025
Dear Valued Customer,
As global trade policies continue to evolve, we're seeing significant changes that are affecting the cost structure of imported goods.
Recently, the U.S. Government has announced a steep increase in tariffs on products imported from China, bringing the effective rate up to 125%, and an additional 10% tariffs have also been applied to goods from all other countries. Despite these sharp increases, SOVAL is taking a measured approach. Rather than passing along the full 125% tariff burden at this time, we will be adjusting our pricing by only 60% across the impacted product categories from China and 10% for all other products from other countries.
We will hold this for as long as possible, but we may need to adjust again shortly. We’ve made this decision to help our customers manage through these turbulent market conditions while ensuring we can continue to deliver reliable service and quality products.
Again, please note:
• The new pricing will take effect on Wednesday, April 16th, 2025
• Updates will apply to both standard list pricing and custom-net agreements.
• Due to the fast-moving nature of these changes, prior pricing cannot be honored for backorders or delayed shipments.
Updated pricing files will be available through your dedicated SOVAL representative and on our website shortly. We remain committed to balancing stability with transparency—and we appreciate your partnership as we navigate this together.
Best regards,
Keith Richard,
President Southern Valve & Fitting USA, Inc. (SOVAL)