The following are the terms and conditions governing the various Services provided by Sourceability through the Website:
Terms and Conditions of Sale: You may be a purchaser sourcing for electronic components. Sourceability has a global network that enables Sourceability to procure the components you want at the best possible price with the best-qualified supplier. For the current version of the Website, the existing Terms and Conditions of Sale and any other agreement relating to the purchase of goods from Sourceability, and which are entered into between you and Sourceability shall govern your purchase of goods from the Website except that the provisions in paragraph 2.3 below shall also apply.
In using the Services on the Website, you consent to Sourceability sending you electronic messages such as email, text messages, mobile push messages, or notices and other communications on this Website.
In using the Services, you will have to upload, submit, store, receive or send content in connection with the entity you represent (the "Content"). You hereby grant Sourceability a worldwide and royalty-free license to use, host, store, reproduce, modify, communicate, publish, publicly perform, publicly display and distribute the Content for the purposes of Sourceability providing its customers with the Services. The rights granted in this license are also for the purposes of enabling Sourceability to use and analyse the Content in order to promote, market, improve and develop the Website and the Services. Sourceability may share the Content with its related companies and affiliates as well as third party service providers in order to process and manage the Content. Such a license continues even after you cease to be Sourceability's customer.
You agree not to manipulate the Website and the platform for the Services and the functionality contained in the Website or the platform for the Services and not to introduce material or data into the Website or the platform for the Services that could damage or steal other computer programs, computer systems, data or information or to overload the infrastructure for the Website or the platform for the Services or that of other users with large volumes of data not required for business purposes.
Sourceability shall not be liable in any way for any content posted by users of the Website and the Services, including but not limited to any errors or omissions in such content, or for any losses or damages of any kind incurred as a result of your use or reliance on any content posted on the Website or the platform for the Services. You acknowledge and agree that your use of the Website is at your own risk and that the Website is made available to you at no charge. Accordingly, you acknowledge and agree that, to the fullest extent permitted by applicable law neither Sourceability nor the third party content providers will be liable for any loss arising out of or in any way related to your use of the Website. Sourceability shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to loss of profits, revenue, goodwill, data or other intangible losses (whether these are direct or indirect damages and even if Sourceability had been advised of such losses), howsoever caused, whether in contract or tort or otherwise arising out of or relating to (i) your use of the Website and the Services; or (ii) your procurement of or your sale of goods and services (including excess goods) using the platform for the Services; or (iii) any unauthorised access to or alteration of your data.
You may use the Services only as permitted by law, including applicable export and re-export control laws and regulations. Sourceability may suspend or stop providing the Services to you if you do not comply with our terms or policies or if Sourceability is investigating suspected misconduct.
The seat of the arbitration shall be Singapore.
The Tribunal shall consist of one (1) arbitrator.
The language of the arbitration shall be English.
As you’re aware, on July 6 the United States enacted tariffs of 25% on a broad spectrum of items for which China is the country of origin. These items include many electronic components. Sourceability will by default be listing all costs incurred due to tariffs as itemized surcharges on invoices containing affected items. For customers who prefer to avoid line item charges, we will embed the costs into unit prices upon request. This policy is effective immediately and applies to all undelivered orders, including those already placed. We are working hard to mitigate the effects of the tariffs on our customers. We are devoted to transparency on this issue and encourage you to contact your Sourceability account manager with any questions or concerns. Unfortunately, we cannot guarantee that any particular parts will originate from specific countries. As a reminder, under the current tariff schedule items with a country origin of outside of China (including Taiwan and Hong Kong) will not incur these new tariffs.
Sourceability will be making every effort to ensure our quotes include tariff information that is as accurate and current as possible. Outside of the guidelines outlined above, we will as always use all tools at our disposal to create customized solutions for your unique supply chain situation. For example, customers may request shipments be facilitated by our Singapore or Hong Kong distribution centers, allowing you to be the importer of record into the United States. In this situation, tariffs would be paid by your company and would not be invoiced by Sourceability.
For more information about the tariffs, please visit USITC’s website. In the event that further tariffs are levied or the current tariffs expand to include additional countries, the above policies will remain the same.