True Grit Farms":211ia9du said:
Farm Fence Solutions":211ia9du said:
It is looking like our wire won't get hit with the tariff, but we still have a price increase of anywhere from 8% to 19% that we are dealing with. Our whole point in bringing this product to the US was so that we could build a factory here. This'll definitely be a bump in the road to meeting sales goals.
Why the price increase, and why the bump in the road? The problem I see is the tariff needs to include EVERY country. Otherwise your just encouraging cheating, and the tariffs won't work.
Because steel is going up. Suppliers of raw material will raise the price in transit. I don't agree with it, but it is the way that it is. The tariff does include every country, with a moratorium for Mexico and Canada, but it does NOT include every pound of steel or aluminum.......that's how it reads, anyhow. The bump in the road comes when my customer from last month calls for more product, and the price, if we do in fact get hit with the tariff, has gone up 44%.