Tariffs are being absorbed mostly [i don’t know exact proportion] by the devaluation of the currency of the exporters [China or EU.]
That’s the main reason we don’t see uptick in prices - they have no choice but to remain competitive to sell in US market.
Tariffs are being absorbed mostly [i dont know exact proportion] by the devaluation of the currency of the exporters [China or EU.]
Thats the main reason we dont see uptick in prices - they have no choice but to remain competitive to sell in US market.