November 2018

Editor's Notebook

Editor's Notebook

By Joe Hollier While there have been plenty of companies complaining about the Trump administration tariffs, there are others who have benefited by the trade war tactic. One such company, Weldbend Corporation, recently applauded the administration’s decision to impose additional tariffs on butt weld pipe fittings and carbon steel flanges from China. Weldbend has seen an increase in profits due to an additional ad valorem tariff of 10% being imposed on imports of butt weld pipe fittings and carbon steel flanges from China. That could increase even further if resolution with China is not reached by the end of the year, as the tariffs will increase to 25% on Jan. 1, 2019.  Weldbend is a fami