Tariff Announcement
Procurement Services is closely monitoring tariff announcements that may affect orders for goods and/or services.
****What This Means for University Purchases****
We encourage departments to:
- Evaluate Budgets: Assess the potential budget implications for upcoming purchases, especially for specialized equipment (e.g. in Magnet Lab, Physics, and other research intensive units) both from direct purchases and indirect supply chain impacts
- Consider Stockpiling: Confirm with vendors whether goods are in the U.S. or already in transit to the U.S. since shipments in the U.S. before 12:01 a.m. on April 5th or that were in transit to the U.S. before that date and time are exempt from the new tariffs. Departments should consider stockpiling goods that meet those criteria where possible and appropriate.
- Assess Purchase Timelines: Review pending purchases (in particular large dollar purchases) that could be impacted by the tariffs (either directly or indirectly) and carefully assess the timeline for those purchases, weighing potential deferral against the possibility of future increases.
- Explore Alternatives: Explore alternatives to purchases being imported, where possible and appropriate.
- Stay Informed: Stay informed as the situation develops.
We will continue to monitor the situation and provide updates as needed.
Resources
https://www.congress.gov/crs-product/IF11030
https://www.usitc.gov/offices/tata
Contact
If you have any questions or need assistance, please contact Mitchell Jermyn at mjermyn@fsu.edu or (850) 644-9730.