Section 301 Tariffs - How We Help
301 Tariffs refer to a set of trade measures enforced under Section 301 of the Trade Act of 1974, which authorizes the U.S. President to take action against foreign countries that violate trade agreements or burden U.S. commerce. Historically, these tariffs have been utilized to impose additional import duties on certain goods, potentially raising the cost for businesses that rely on these imported products.
Eurasia Power is consistently at the forefront of smart global sourcing strategies. Recognizing the challenges posed by the 25% Section 301 Tariffs, Eurasia Power now provides its customers the opportunity to have their power supplies made in the Philippines and Taiwan. By doing so, Eurasia Power not only mitigates the risk associated with these tariffs but also offers significant savings to its customers. Having the option of manufacturing in the Philippines & other localities that are not impacted by Section 301 tariffs has given us the ability to save our customers up to 25% on their power supply costs. This approach underscores Eurasia Power’s commitment to providing cost-effective solutions without compromising quality.