HARTFORD BUSINESS: CT manufacturers scramble to blunt metals tariffs

In the nearly six months since President Donald Trump announced tariffs on imported steel and aluminum, Connecticut manufacturers have scrambled to blunt the impact of rising materials costs, jammed-up suppliers and other effects from the Republican administration's trade policies.

 

The impact of tariffs, and strategies deployed to mitigate them, vary from company to company, but three central Connecticut manufacturers interviewed by the Hartford Business Journal reported a combination of efforts that include changing ordering strategies or stockpiling key metals, asking the federal government for tariff exemptions, and diversifying or reshuffling their supplier mix... FULL STORY

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Hartford Business