‘We’ve been in business for 124 years, and you don’t stay around that long if you’re not determined and willing to fight and compete,’ an executive said.
The board minutes highlighted that ‘uncertainty remained about the timing, magnitude, and persistence of the effects’ of this year’s increase in duties.
Non-steel and non-aluminum content will be subject to reciprocal tariff rates the U.S. government has imposed on certain countries, the department stated.
The investment bank projects pass-through to households will rise from 22 percent to 67 percent as the cost burden shifts from businesses to households.
The president’s announcement calmed investor fears after a U.S. Customs ruling put 1-kg and 100-oz bars in a tariff category, sending futures to record highs.
‘We’ve been in business for 124 years, and you don’t stay around that long if you’re not determined and willing to fight and compete,’ an executive said.
The board minutes highlighted that ‘uncertainty remained about the timing, magnitude, and persistence of the effects’ of this year’s increase in duties.
Non-steel and non-aluminum content will be subject to reciprocal tariff rates the U.S. government has imposed on certain countries, the department stated.
The investment bank projects pass-through to households will rise from 22 percent to 67 percent as the cost burden shifts from businesses to households.
The president’s announcement calmed investor fears after a U.S. Customs ruling put 1-kg and 100-oz bars in a tariff category, sending futures to record highs.