Trump Trade Agreements and the Financial Impact to the Headstone Industry
With the recent Trade agreements being changed by the Trump Administration we will all be hugely impacted from foreign suppliers when importing granite monuments and granite headstones. Most American manufacturers purchase these granite blocks from China. China has exceptional quality and color choices for granite markers. There is talk in the headstone industry that these import duties may surpass 25%. To the American consumer this is a large increase to bear. Along with this comes increase transportation fees due to smaller import quantities passing the docks.
Consumers need to understand these cost will impact their bottom line. Manufacturers of monuments and headstones need to do a better job of reducing their manufacturing cost in order to stay competitive in 2019.