Tariff Quote Watch: Steelcase Raises Prices, Tables Supply Shift For Now — Panjiva


Tariff Quote Watch: Steelcase Raises Prices, Tables Supply Shift For Now

China 1758 Cons. Discr. - Durables 107 Tariff Quote Watch 91 Tariffs 1169 U.S. 3297

Furniture maker Steelcase has been able to pass through higher tariffs on its metals needs and imports from China as it has been “successful in showing customers that these price increases are fair” according to CEO James Keane. The company’s tariff challenges may grow though given 30.6% of its seaborne imports from China included products that became subject to 10% duties in September. Those duties may increase to 25% in March. The firm has the potential to switch its imports of completed furniture to Malaysia and its steel components to Spain from China should further...

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