Unilateral Tariffs Are Back: Exemptions, Economic Impact, & What It Means for You

Sweeping unilateral tariffs of all products imported into the United States has commenced once again……. Well, kinda…  While tariffs on many imports were instituted last night, a 37 page exempt list of products that includes most energy, energy by-products, and minerals are protected from any increases.   Along with oddities such as “Children’s picture, drawing or coloring books”, who’s gonna argue, it’s for the kids.  Still, the measure has sent commodities spirally downward this morning as fear of a real global trade disruption could send economies into turmoil.  Future Diesel pricing is down over $.11 in early trading, erasing the roughly $.15 climb we have taken over the last two weeks.  The focus will now shift to How long this will last, and What affect it will have on the average American.  With overall demand for gasoline and diesels still sluggish, will we see more of drop should cost of other goods rise?  While it may ultimately bring about lower costs for fuel, it wont matter much if nobody is using it.  It continues to be a volatile market, and while mother nature can’t make up her mind if it’s spring or winter, (last Saturday it was 35 degrees in Western Mass and 75 degrees just an hour drive south), seasonal business continues to march on.  From Construction jobs to Landscaping, Golf Courses and Marinas, no company is too small or too large not to have a dedicated fuel expert from DKB on your side.  Our work ethic, knowledge, and service shine in a turbulent business.