New Tariffs and the Fastener Industry

How New Tariffs Could Affect the Fastener Industry On March 18, 2018 the United States Department of Commerce announced tariffs on steel and aluminum, at 25 and 10 percent respectively.   While tariffs may sound good to US-based steel and aluminum companies (a tax on imports makes the domestic equivalent relatively cheaper), it could be a challenge for the much bigger sector of the US economy that buys those metals to use in the goods […]