Mohacsy's Safe Portfolio Member Forum

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For many items, say silicon carbide abrasive, the Chinese price with the 10% tariff added

My vendor on corrugated, Rand Whitney, has increased the cost of packaging material this year that far exceeds the impact of the tariff on product cost in absolute dollar terms. We have already announced a price increase for 2019 and told our customers the tariff on Chinese imports is factored in.

The real impact is on distribution companies that buy from China and feel the full effect of the tariff imposed. For them a $10 part now costs $11. When I sell a customer a product made with Chinese abrasives the real cost impact is about 2%.