For the final seller in the supply chain, the squeeze is acute . During Trump , the tariffs mostly compressed profit for whoever was last in the chain, Hickey said . They quoted a price, they’re locked into it, and now their costs are going up, but the buyer doesn’t want to hear that . You can’t just water the lawn and have a steel mill pop out of the ground, he said . All that takes time .
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And it’s not just build time, it’s permitting time . Sometimes the permitting takes longer than the build . Navigating toward homeostasis on the back keep it short and to the point of digital innovation ultimately, Hickey said he believes markets and people will adapt . People are clever and industrious, he said . Engineers are already being told, ‘you can’t use that material anymore, find an alternative . ’ There’s always a railing that needs to be fixed . And the people who make those railings will find a way .
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At the same time, industry sentiment is that the administration’s approach will become more nuanced over time . However, hickey cautioned that the what is the added value? reshaping of global trade is a long-term play . You don’t fix years of imbalance in one term, he said . My concern is how do you make sure this lasts longer than four years? Because if this gets reversed , all you’ve done is provide a lot of pain without lasting gain .
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There’s also a broader philosophical question emerging: have Americans been underpaying for steel all along?Maybe the domestic price is actually the fair market price,Hickey said . We haven’t seen China’s books . Who knows how much they’re china data subsidizing their mills?For all payments bb coverage, subscribe to the daily bb newsletter . Recommendedsteelbryzos ceo says us steel market squeezed by trump’s ‘anaconda plan’ — will pain bring gain?Tap-to-pay metal cards touted as shield against digital fraud tap-to-pay metal cards touted as sleek shield against digital fraudurgency defines which small and medium-sized businesses smbs use instant payment methods, reducing their reliance on paper checks and ach .
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Instant payment adoption surges as microbusinesses race to fill paycheck gaps reports: fdic plans to reduce staff by %see more in: bb, bb payments, bryzos, commercial payments, economy, featured news, logistics, news, payments news, shep hickey, supply chain management, tariffs, taxes tap-to-pay metal cards touted as sleek shield against digital fraud by payments | april , | tap-to-pay metal cards touted as shields against digital fraud the two most fundamental elements of digital banking and financial services are often the two most in conflict: user experience and security .
