LP Gas, July 2018
However U S propane exporters will need to reduce prices in order to serve these markets leading to a general decrease in North American propane prices Sloan says The question is how much Assessing collAterAl dAmAge We must put American workers first says Trump in justifying the tariffs emphasizing a long held belief that other nations are taking unfair advantage of the U S Yet the ongoing state of intertwining worldwide supply chain relationships that he appears to disregard are poised to present challenges to domestic employment and financial tranquility In addition to direct impacts the looming trade war could inflict collateral damage that might not be readily apparent on the home front In the short term the tariffs on steel and aluminum are likely to lead to a significant increase in the costs of the raw materials used in tanks pipes vehicles and other equipment used by the propane industry Sloan says According to Sloan the propane industry should expect the increased cost in raw materials to be passed on to buyers In the short term this will lead to higher prices for the high cost capital items used by the industry However the cost disadvantage should decrease with time as the U S increases supply Mike VanDenBoom president of Michigan based Signature Truck Systems a manufacturer of bobtails service trucks and transports feels the longterm effects of the tariffs are unclear As of right now we are seeing varying increases for aluminum and steel in the amounts of 3 percent to 10 percent he says Although most of the companys metals are sourced domestically vendor pricing is on the rise because they have the opportunity due to the higher cost of imported materials Some of the tanks come from Canada others are purchased from the U S The core drivetrain chassis units supplied by vehicle OEMs could also become more expensive This scenario has yet to occur but that could change says VanDenBoom Are You Web Registered Simplify with Scan to Order Please visit www lerangasproducts com to view our terms and conditions Favorites Lists Allows for quick ordering of your products Can be used to share preferred product standards across all your purchasers 8007271000 LeranGasProducts com MPM 8023 Bin Labels Use labels to keep your trucks or workshops stocked and organized Barcodes are easily scanned to add items to your cart Custom Catalogs Create a product pictorial guide including pricing and barcodes of your personalized list Custom Product CPO Assists in establishing your specific product standards by restricting the view and ordering to your selected products Mobile App Utilize the app to create quotes approve orders view Favorites Lists and scan to order while on the go Standardize Your Product Selections P Offering es specifific Continued on page 56 the looming trade war could inflict collateral damage that might not be readily apparent on the home front
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