Tag: Tariff

Sun Chemical Announces Tariff Surcharge on Color Materials Products

To address rising costs caused by recent global trade developments affecting raw material tariffs, Sun Chemical announced it will implement a tariff surcharge on impacted color materials products, including pigments, both imported and produced in the United States.  Despite the high share of domestic production and sourcing, the recently installed tariffs significantly impact costs for […]

Builder Confidence Plummets as Concerns Over Tariff and Housing Costs Rise

According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates, and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level […]