Tag: tariffs

ELYRIA, Ohio - Invacare reported net sales decreased 2.5% to $244.6 million for the third quarter of 2018 compared to the same period last year.Net sales for North America HME decreased 7.3% to $73.7 million, driven by decreases in respiratory and lifestyle product sales. Net sales increased 8.9%, however, for mobility and seating products.“The third quarter performance was mixed,” said Matthew Monaghan, chairman, president and CEO.Invacare believes providers were cautious about investing...

WASHINGTON - Efforts by AAHomecare and its manufacturer members to exempt several product categories from a 25% tariff on imported materials and products from China have partially paid off.AAHomecare announced this week that 10 of the 48 product categories that they had targeted for exemption have been removed from an original list of 1,333.“I've never seen AAHomecare leadership act so quickly and effectively under such difficult circumstances and time constraints,” said Mitchell Yoel,...

WASHINGTON - AAHomecare, on behalf of its manufacturer members, has asked the U.S. Trade Representative to exempt 48 product categories from proposed 25% tariffs on imported materials and products from China.The Trump administration announced last week that it would also impose 25% tariffs on steel and 10% tariffs on aluminum from the European Union, Canada and Mexico.In a letter to the USTR in May, AAHomecare President and CEO Tom Ryan said the tariffs would “adversely affect the health and...