Tariff Quote Watch: Valmont Bakes In Tariffs, Barely Trims China Imports — Panjiva
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Tariff Quote Watch: Valmont Bakes In Tariffs, Barely Trims China Imports

China 2916 Industrials - Capital Goods 559 Materials - Metals/Mining 712 Metals - Steel 483 Quote Watch 449 Tariffs 1771 U.S. 5242

Steel structure maker Valmont faces a variety of trade policy risks. So far it appears to have managed them by having ensured tariffs on U.S. imports from China “have been baked into the price and just passed along” according to CEO Stephen Kaniewski. China accounted for 65.8% of the U.S. seaborne imports associated with the firm, Panjiva’s shipping data shows. A relatively modest 1.6% reduction in its shipments from China in the three months to Aug. 31 has been more than offset by a 53.9% jump in imports from other markets. The firm may also have outperformed its peers – total imports o...

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