2025 Tariff Communication

May 22, 2025

Dear Valued Customer:

As we’ve done throughout this period of global tariff adjustments, CBI remains committed to a transparent, customer-focused pricing strategy. We are encouraged by recent developments in ongoing trade negotiations and view them as a positive step forward.

Effective May 22, 2025:

CBI list prices have been adjusted to reflect the current tariffs levied on all import countries. These adjustments will result in a reduction on many items from China. All current list prices include the applicable tariffs and current freight conditions.

Future Tariff Strategy:

 CBI will continue to protect customers from frequent and sudden cost changes through the following approach:

• If the tariff changes by 10% or less, our prices will not change
• For any additional tariff amount beyond the initial 10%, CBI will absorb 20% of the additional tariff amount.

Ongoing Pricing Commitment:

As always, prices remain subject to change based on evolving market conditions. However, CBI will continue to evaluate each situation carefully and adjust only when necessary.

We appreciate your continued support and partnership. Our commitment to fairness, transparency, and customer focus remains unchanged.

Sincerely,

The CBI Team