Tariffs and the Price of Tools

I received emails from Festool USA as part of a mass email that the import fees would be going into effect August 1 in addition to emails from dealers I have purchased from.

Peter
 
I've been ill for the past three weeks and while I had been hearing of a FT increase July 1st, turns out there was some EU/US trade summit scheduled for the 2nd week of July and my contacts had indicated FTDE was going to hold of on announcements pending the results of that summit. Based on the Tool Nut & BIS annnouncements, I'm going to presume it did not go well...

Guess I better open my Kapex 120 Go Fund Me....
 
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