At Phillip Jeffries we invest for the long term and strive to be transparent with our customers and our employees. Earlier this month a sizable increase in global tariffs was announced. This has created new and complex variables across many industries. As a company we have made the decision to absorb as much of the tariff costs as possible. We are closely following the situation and as we better understand the impact of these new policies, we anticipate changes to our pricing and will provide updates as we know more. We recommend that any firm orders have payment finalized as soon as possible.