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NW MN | Brain it’s a question for the people importing or using products that have a tariff on that category.
Have these importers or users found a replacement for that product or had the price from China been reduced to compensate for the tariff when it hits US shores?
I’m guessing by the reports out of China there business with US buyers whether it’s industrial, manufacturing or retail has been affected. Their domestic market has cooled and now so has their largest export partner. Maybe not a lot but when operating on thin margins like most things do what percentage of price increase affects the bottom line?
Profit is usually in the last 10-20% of any dollar captured and that’s lost easily as we farmers have seen with higher basis primarily and lower futures price secondary. | |
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Tariff’s with China
