The current trade war has analysts worried about its impact on prices and profits:
“What began as targeted tariffs on steel and aluminum imports in early 2018 accelerated over the past year and a half as tariff rates were jacked up with each disappointment in the negotiations. And now, months and months of those tariffs — and disrupted supply chains because of them — are raising costs and squeezing margins for a wide variety of companies.”
P.S. Worried about tariffs increasing your costs? 8th & Walton advisors might be able to help you operate a nimble business and reduce costs, whether your production is state-side or international. Book a consultation today.