On 2nd April 2025, US President Donald Trump announced that he would be imposing new ‘Tariffs’ on the majority of countries in the world.
Since then, a number of customers have reached out to us to ask us if this will have any impact on the price of MIDAS.
The short answer is no!
As you may be aware, we’re a UK-based business. Whilst President Trump is levying a 10% tariff on the UK, the newly announced tariff plans apply only to physical goods traded between countries.
The tariffs do not apply to services, which include sectors such as banking, finance and legal services.
Our booking system, MIDAS, is a software product. We do not supply physical or tangible goods – we supply a software service.
As such, the newly announced tariffs by the US do not apply to the supply of our software.
Consequently, the price of our software remains unchanged. In fact, we haven’t raised our prices now in over 5 years!
It remains to be seen what wider global impact the tariffs announced by President Trump will have on economies around the world.
However, as it stands today (which at time of writing is 3rd April 2025) – we have no plans to increase our pricing as a result of the tariffs announced in the US yesterday.