Joe currently employs 5 people at the firm, including himself. Joe is still working long hours because he oversees all operations of the business. It is like his “baby.” He wants to maintain all quality control of the parts and labor. Joe, as stated earlier,
started working as a plumber in the “trenches” literally and has now moved to being more responsible for the sales and production of his product line. The product that Joe has been successfully selling is decorative drain covers made from 100% stainless steel. He has provided online numerous sizes and designs. He has been reviewed by numerous publications and received compliments from many customers in the industry. Joe is of the opinion that without clean water society would crumble. He is passionate about every order and relationships with every client.
Each piece is made from USA stainless steel and comes in a variety of sizes and finishes.
Joe is unsure what it means to have a tariff on steel? Will this impact his industry and business? Provide some research from the Internet explaining how a tariff may or may not impact his business. Include information about the timing of this/these events.
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