Auto-parts retailer Genuine Parts faced higher costs in 4Q 2018 due “to the direct and indirect impact of tariffs” according to CFO Carol Yancey on the firm’s latest earnings call, though the company “passed on the supplier increases to our customers”. Genuine’s U.S. operations face a widening range of tariff challenges. Section 232 duties on steel and aluminum are likely to remain in place, and could be joined by section 232 tariffs on the automotive industry more broadly as well as existing tariffs on exports from China. The firm’s U.S. seaborne imports...