My supplier is raising prices on tool Steel M2,PM M48 effective 3/26 even though they have 1000,s of #,s on the floor and will be awhile before they actually will be paying the Tariff.
I have about two days that i could get enough to finish out the year.
"As a further update on the impending tariffs,
[/CODE][/CODE][/CODE]will be including a 25% increase to all of our prices for imported material effective with orders shipped March 26, 2018.
Tool steel and high speed steel production capacity in the United States is not in place to handle the current market demand. We are hopeful that our government will come to this realization quickly and exempt these products from the tariff".
I know my customers and know that if I immediately raise my prices they are going to want proof that I paid the Tariff.
Thoughts
I have about two days that i could get enough to finish out the year.
"As a further update on the impending tariffs,
Code:
[CODE][CODE][CODE]
Tool steel and high speed steel production capacity in the United States is not in place to handle the current market demand. We are hopeful that our government will come to this realization quickly and exempt these products from the tariff".
I know my customers and know that if I immediately raise my prices they are going to want proof that I paid the Tariff.
Thoughts