On 10/18/18, the D&D Daily posted an article written by Jim Wyatt, EAS Strategy and Product Consultant. Click here to see the complete D&D Daily E-Newsletter that contains the article. It was a very brief article, so we also posted the text below for your convenience.
Over the past 20 years, U.S. anti-shoplifting (EAS) equipment manufacturers have moved most of their production to China. This has been a windfall for retailers with the average price paid for AM or RF labels and tags dropping by about 50% over this time.
In September, the U.S. government announced a new round of tariffs would be placed on goods shipped from China to the U.S. The list of products exceeded 3,000 with a retail value of over $200 billion which included all EAS labels and tags. This 10% tariff was imposed in September, and the tariff will rise to 25% at the end of 2018.
Non-Chinese made EAS products will not be affected by these tariffs. A few EAS product manufacturers have retained production capacity in North America. For example, Sensormatic produces AM products in Mexico, and ALL-TAG Corporation produced RF Labels in Florida.
U.S. retailers might encounter a bit of “sticker shock” – especially when the 25% tariff rate kicks in.