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RE: 7/23/18. Post Market Wrap Up PLUS: Why I Am Now SPOOKED! By Gregory Mannarino

in #money6 years ago

Tariff stuff is a joke. I'm a lighting manufacturer in the US and the tariffs are actually giving me incentive to move my metal fabrication to China. We take pride in doing everything (except electronics) locally. Metal shops here are taking the tariffs as an excuse to gouge us by adding 8-10% to the finished goods instead of the sheets of aluminum.
We get our first articles for our products next week from China and the price is 60% lower than local.

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