Dear friends,
First and foremost, thank you for your ongoing trust and partnership with LSG Hobby. We know the current economic environment has been anything but calm and we deeply appreciate your support as we navigate these waters together.
As many of you know, the U.S. government has announced a significant expansion of tariffs on imported goods, particularly those from China, Japan and Europe. These new tariffs directly affect many of the products in our catalog.
After careful review, we must update our tariff surcharge policy to reflect these changes, effective May 1, 2025:
- Products from China: 25% surcharge
- Products from Japan and Europe: 5% surcharge
- Products from Other Regions: 5% surcharge
However, we are pleased to share some good news:
Thanks to negotiated agreements with key partners, products from AK Interactive and Bandai will not be subject to any surcharge.
Why a Surcharge?
Rather than quietly raising prices across the board, we believe in keeping things transparent. The surcharge is solely to cover the new tariff costs imposed at the border; it is not a margin increase. This approach allows you to clearly see the impact, and for us to adjust fairly as policies evolve. We will also start indicating the country of origin on our website.
Ongoing Efforts
We are actively negotiating with additional brands to find ways to further protect consumers from the full impact of these tariffs. We will keep you posted as new developments arise, including any opportunities to reduce, offset, or alleviate some of these new costs.
Our mission remains the same, to protect the hobby community, ensure supply stability, and keep this industry thriving even in turbulent times.
If you have any questions about specific products, or if you'd like help planning upcoming orders, please don't hesitate to reach out. Thank you, as always, for building the future of this industry with us.
Sincerely,
Les
CEO, LSG Hobby Inc.