Le Lézard
Classified in: Health
Subjects: TRD, AVO

Emerald Professional Protection Products Reports - China Tariffs Start to Bite Infection Control Industry


SOMERSET, N.J., Nov. 5, 2019 /PRNewswire-PRWeb/ -- There is rising concern that users are going to cut back on disposable protection products in several areas and take dangerous, unnecessary risks. Risks like using products for a longer duration than intended or simply not using them at all. Will users take the precautions they are supposed to? Only time will tell.

We are not talking luxury items here, but essential infection control products. Many of these items are everyday items:

Food Service: Items such as beard covers, disposable inspection coats, jackets, hairnets, bouffant caps, paper packaging material, plastics and foils used to store and protect food, shrink film, plastic food containers, liners and many other items now attracting a 25% tariff.

Industrial: Respirators, protective clothing and safety shoes have been impacted.

Medical: Table examination paper, respirators, isolation gowns, protective clothing, surgical towels, and a myriad of other disposable products have attracted a 15% tariff.

Safety: Respirators, protective clothing, coveralls, everything from paint shop respirators to asbestos removal clothing. All have been impacted.

Importers of these products will end up absorbing 5 to 10% of the tariffs but the rest gets passed on to the distributor who in turn is forced to pass it along the consumer. The softening of the Chinese yuan versus the U.S. dollar has partially offset the increased costs associated with the tariffs. Profit margins will get squeezed, cost of goods will increase. We will continue to keep our customers informed as the situation remains very fluid.

In order to keep up with the latest news on tariffs affecting the disposable protection products industry please be sure to visit the Emerald Professional Products website, https://emeraldppp.com.

 

SOURCE Emerald Professional Protection Products


These press releases may also interest you

at 06:40
Adalvo announces the successful DCP approval for Liraglutide pre-filled pen, marking it as the first generic approval in the EU. As a bioequivalent version of Victoza® pre-filled pen, indicated for the treatment of type 2 diabetes, this peptide...

at 06:30
3M announced that it purchased a group annuity contract and will transfer a portion of its U.S. pension payment obligations under the 3M Employee Retirement Income Plan (ERIP) to Metropolitan Tower Life Insurance Company (Met Tower Life), an...

at 06:05
Generate:Biomedicines today announced the appointment of Rupert Vessey, M.D., Ph.D., and Nancy Simonian, M.D., to its Board of Directors. Dr. Vessey's expertise in early-stage drug discovery and evolving bioplatforms, combined with Dr. Simonian's...

at 06:05
Anteris Technologies Ltd , a structural heart company developing DurAVRtm THV, a new class of TAVR and the world's only balloon-expandable, single-piece biomimetic aortic replacement valve shaped to mimic the native human valve, today announced a...

at 06:00
It's June, meaning Pride Month events are happening all over the U.S. For many members of the LGBTQIA+ community, it can be a time to celebrate, enjoy closeness within the community, and organize to fight for rights. It can also be a time to come out...

at 06:00
Sachi & Co. Dentistry (https://www.sachidentistry.com) is excited to launch a new and improved website....



News published on and distributed by: