Atlas Model Railroad Company, Inc.
Dear Model Railroaders,
I would like to address the issue of the possibility of trade tariffs in regard to the model railroad industry. There have been some erroneous reports about tariffs that have allegedly been applied to model railroad products being imported from China, and other misinformation that unfortunately leads to misleading and increased confusion in this, at times, complex subject.
First and foremost, as of Wednesday, May 22nd, 2019, no decision has been made regarding implementation of tariffs by the US government on the balance of approximate $300 billion dollars in export trade with China, the large part being consumer goods that include model railroad products. According to US Treasury Secretary, Steve Mnuchin, “no decision will be made for the next 30-45 days”.
During this time President Trump and China President Xie are scheduled to meet in Japan at the end of June, where trade negotiations may or may not be decided to continue. In the meantime, an exclusionary process is being set up which allows a procedure for deciding if any product will be granted an exclusion from the tariff increase which could be up to 25%.
Atlas will do its best to keep all our customers informed of any news and possible company policy changes in accordance with confirmed facts as they occur.
Thank you for your understanding and continued support of the great hobby of model railroading.
Atlas Model Railroad Co Inc