Tariff Quote Watch: Rockwell Rocks Its Supply Chain to Tackle Tariffs — Panjiva


Tariff Quote Watch: Rockwell Rocks Its Supply Chain to Tackle Tariffs

China 1760 Industrials - Capital Goods 265 Tariffs 1170 U.S. 3301

Rockwell Automation has indicated that U.S. tariffs on Chinese exports could cost the firm $90 million per year, or 6.5% of analysts’ pre-tax profit estimates. Yet, CFO Patrick Goris is confident that a mixture of “supply chain alternatives and negotiations with vendors” as well as “selective price adjustments” will offset the entirety of those costs. China accounted for 47.3% of Rockwell’s U.S. seaborne imports in the 12 months to Sept. 30, and has cut its imports by 45.2% in the third quarter on year earlier vs. a 1.3% increase for all its other impo...

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