Dear Valued Channel Partners and Customers,

Due to newly imposed tariffs—10% on imports from all countries and between 20% and 30% on imports from China—IDEC USA must revise our pricing structure to reflect these substantial and unavoidable cost increases.

To help offset the impact, we will implement the following changes:

• A 6.5% price increase on all IDEC products not manufactured in China.
• A 19% price increase on all IDEC products manufactured in China.

While it is our standard practice to provide a 30-day notice for pricing adjustments, the severity and immediacy of these tariff changes constitute a force majeure event. As such, the adjustments will take effect according to the schedule below:

Key Dates:

• May 20th, 2025: All shipments made before close of business will be invoiced at current pricing. IDEC reserves the right to limit quantities ordered at current prices.
• May 21st, 2025: A 6.5% price increase will apply to products not manufactured in China, while a 19% increase will apply to products manufactured in China. These changes will affect all shipments, existing special quotations, and pricing agreements.
  
  

  *The tariff applied will appear as a separate line charge for each item and included in the line-item total.

  *Our distributor portal and eCommerce website will not display tariff charges until May 26, 2025, even though it will apply.

We understand that trade policy changes like these can significantly affect your business. As your trusted partner, IDEC is committed to minimizing that impact wherever possible. We will continue monitoring developments and make future pricing decisions in alignment with government policy changes.

If you have questions or concerns regarding this pricing adjustment, please contact your local IDEC sales engineer or manager.

Thank you for your continued support.

Sincerely,

Steve Harmon

VP of Sales