Port of Iberia expects minimal impact from President Trump's tariffs

Port of Iberia expects minimal impact from President Trump's tariffs

NEW IBERIA, La. (KLFY) -- Port of Iberia Director, Craig Romero, said despite President Donald Trump announcing sweeping tariffs to other countries across the world, the impact will be minor on business right here at the ports. On Wednesday, President Trump unveiled tariffs on imports of all goods. The reciprocal tariffs will be a 10% minimum with other countries having higher rates. Since the Port of Iberia deals with companies from all over th…

Scott Technology expects minimal impact from Trump tariffs, this year at least

NZX-listed robotic production line and process developer Scott Technology says the new US tariff regime announced this week is expected to have a limited impact on its business in the current financial year. Scott estimated the current revenue mix that would be exposed to tariffs was less than 10%. “From a total revenue perspective, North America is significant but much of this revenue is from Canadian customers,” Scott told investors. Additiona…