The Rising Influence of Rising Affluence

[jbog]

The tariff's are injecting extreme turmoil in the system when it's not needed.

We have a division which uses large amounts of Stainless and as far as we know there will be a hard line drawn this evening at midnight on all our purchases. The material that'll arrive on our receiving docks in the morning are all subject to the rules of Section 232.

Of course, most of are materials are USA produced but that won't matter. The 100's of customers quotes will be re-written in the overnight.

The bright side will be our inventory re-pricing but I'm not sure it's worth the hassle going forward.