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 3053 Industrials - Capital Goods 623 Materials - Metals/Mining 796 Metals - Steel 544 Quote Watch 452 Tariffs 1870 U.S. 5404

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 pe...

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