Everyone who works in or buys from the printing industry knows that, like a variety of other businesses, printing is undergoing numerous and seismic changes. From rising demand for mass customization to the growth of digital printing to increased competition from other channels there’s a mix of positives and negatives in the industry. All the while, something unforeseen just a couple of years ago may influence the fortunes of the printing industry, and have a real impact on businesses: Tariffs.
This “T-word” has been a cause for concern for businesses and consumers alike, and we believe it is valuable to share more information about tariffs, by defining current events and forecasting what could happen in the near future. While SixB Labels is based in the Southwest our clients are national and we operate accordingly.
Fortunately for our clients and their customers, sourcing at SixB Labels is done in such a way that the potential impact of most recent tariffs is negated. The tariffs on these imported goods do not affect our company, because we don’t use raw materials from China, so we do not look to see price increases in our supplies. All the while, in this blog we look at how generally trade tariffs impact printing.