Ricoh Broaches Threat of Price Hikes With Customers If List 4 Tariffs Go Through

Ricoh America is “currently assessing the potential impact” of the proposed List 4 Section 301 tariffs of up to 25 percent “on nearly all remaining goods manufactured in China and imported to the U.S.,” emailed the vendor to business customers Monday. “The government-proposed tariff increases are not specific to Ricoh and span far beyond our industry,” it said. “Be confident that we continue to review and optimize our global supply chain to minimize the potential impact for both Ricoh and your organization wherever possible.” Ricoh will do its best to mitigate any impact, but “it is possible that the outcome cannot be avoided, and we anticipate there may be some impact to pricing,” said the vendor. “If, despite our efforts, there becomes a need to increase pricing for new purchases, we will work with you to create solutions that optimize cost, delivery, and value.”