Tariff Quote Watch: Tariffs Just Another Form of Inflation for Stanley Black & Decker January 22, 2019 U.S. tariffs on Chinese exports have joined commodity and labor costs as just another form of cost inflation for companies to deal with. Stanley Black & Decker has indicated cost inflation, including tariffs, cut earnings by $370 million in 4Q 2018. Yet, “all but $50 million of that (was offse... Read more →
Stihl Chops Into An Expanding U.S. Powertool Market May 19, 2017 American retailers’ appetite for imported powertools is increasing. Panjiva data shows imports climbed 26% on a year earlier in April, including a 34% jump in shipments from China. That may also represent suppliers trying to get a jump on inventories in the event of a trade investigation. A ca... Read more →
Techtronic Tools Up for U.S. Production After Exports Hit High March 16, 2017 Hong Kong-based power-tool maker Techtronic may increase production in the U.S., and cut it in China, if faced with tariff increases from the Trump administration. It currently runs five factories in the U.S. where it could scale up. That follows similar comments and moves from other Asian man... Read more →