I am pretty sure that rule applies to individuals not companies. So, if I ordered a benchdogs XX and it was <800, I wouldn't have to pay tarrifs or "Duty" but after Aug 29, I would have to.
For companies importing goods for resale, I am pretty sure they went into effect August 1.
I don't know how correct this is.
My understanding is that tariffs have been in place for quite a few months now. However, details regarding the tariffs have been mired in chaos. From what I have heard, Festool had positioned product in the United States, prior to the tariffs, that would have lasted them for four months (through July 2025). Then, subsequent shipments would be subject to whatever tariff would be in place. They were planning on implementing price increases on July 1st but did not make announcements like their sister company SawStop - who announced back in May that tariff-based price increases would go into effect on July 15, 2025. Festool held back from the July 1st increase because the EU and US were supposed to have talks the second week of July with the hope to avoid tariffs. That did not occur and we have our increases.
Quite a few people I know who ordered products directly from sources from outside the United States were hit with uneven application of tariffs upon arrival of their product. Some fell through the cracks, others had to pay - sometimes amounts significantly more than they expected.
In my industry (coffee), you may have heard about the current state of tariffs being imposed on imported coffee - a product that has never been tariffed in the history of the United States and a product that will NEVER be able to be produced in the United States in the quantity needed to meet domestic consumption - at least at any reasonable cost to the consumer. Most coffees to be imported to the United States will be hit with 10-15 percent tariffs depending on the nation, with the most egregious and nefarious tariffs being imposed on Brazilian coffees at 50 percent.
For me personally and my company, that Brazil tariff isn't too bad as we can readily pivot away from Brazilian coffees. However, most of my friends and most American coffee companies have already entered into forward contracts for Brazilian coffee and will be hit with the 50 percent tariff upon arrival of the coffee in the United States. These incredible, extraordinary and punitive additional costs will be passed on directly to the consumer.
And while my company operates within a small niche of specialty coffee, Brazil is the world's largest coffee producer (with Vietnam second and being hit with 20% tariffs) supplying most every coffee company in the United States - especially the large scale, mass market coffee suppliers.