Tariff Quote Watch: Altra Shifts Duty Costs to Buyers, May Need to Tap Other Sources — Panjiva
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Tariff Quote Watch: Altra Shifts Duty Costs to Buyers, May Need to Tap Other Sources

China 1760 Industrials - Capital Goods 265 Tariff Quote Watch 91 Tariffs 1170 U.S. 3301

Altra Industrial reported 4Q net income that was 6.4% below expectations. That came despite price increases which CEO Carl Christenson stated had “successfully offset input cost increases” including tariffs. In 2019 the firm is nonetheless “monitoring potential secondary impacts from the tariffs”. Altra has already started to trim its U.S. seaborne imports, which came entirely from China in 2018, with a 4.6% year over year cut in 4Q 2018. Should a more significant supply chain retooling be needed its leading import lines include brake systems and mechanical transm...

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