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From the page: One way DigiKey helps provide high-quality products at competitive prices is through our Duty Drawback Program, which allows us to recover a por
by alibarber 2y ago
From the page:
One way DigiKey helps provide high-quality products at competitive prices is through our Duty Drawback Program, which allows us to recover a portion of the tariffs paid on imported products. However, under this Executive Order, the new 10% duty on all products imported from China and Hong Kong is not eligible for duty drawback programs.
- helsinkiandrew 2y agoThat really is destroying US businesses. DigiKey's size and its amazingly efficient process means a European can order parts made in China via DigiKey and get them next day or the day after, mostly cheaper than from the smaller European suppliers. The US has now effectively added an 'export' tax on DigiKeys business.