As Tariffs on Metal Imports Loom, Sporting Goods Not Likely to be Hit
President Trump’s decision to impose 25% tariffs on steel and 10% on aluminum is likely to draw a response from U.S. trading partners, but unless a trade war escalates to the point where a broad sanction against Chinese imports becomes a possibility, it’s unlikely to affect sporting goods directly. Most of the items listed by trading partners for retaliatory duties have some kind of political connection aimed at leading Republicans in Congress, such as Harley Davidson motorcycles manufactured in House Speaker Paul Ryan’s (R-WI) district and Kentucky bourbon made in Senate Majority Leader Mitch McConnell’s (R-KY) home state. Blue jeans, ... Log in to view full article.