Kids’ car seat manufacturer Graco reported 4Q pre-tax profits that were 3.2% below expectations. The firm also provided guidance that U.S. tariffs on Chinese exports could add $25 million to costs in 2019. That takes the conservative assumption that tariffs will rise to 25% from 10% in March. The increase is equivalent to 6.1% of 2018 pre-tax profits. CFO Mark Sheahan has indicated the company will “be able to more than offset the tariff impact” through price increases. The tariffs also likely led the company to cut seaborne imports from China, which dropped 24.7% year ov...