Nearly a year after the U.S. imposed tariffs on imported steel, the higher prices have been a godsend for Byer Steel Co. The family-owned Ohio company last year posted its first profit in four years and surprised workers with year-end bonuses. The tariffs “are giving us the ability to get off our knees for a minute,” said Burke Byer, whose great-grandfather founded the Cincinnati company a century ago. “We’re not so hand-to-mouth.”...
Source: Wall Street Journal February 10, 2019 12:00 UTC