I know it is, at least on our products. We used to sell our superior products against inferior local goods in many of these foreign markets. We usually had to overcome a large price differential. Right now, a company in Poland can buy our superior US built equipment at a price that is very close to (usually not less then) the inferior local products.
For the first time in a long time, we have been able to raise our export prices (in dollars) and we are using the additional cash to upgrade our facilities and equipment and to hire & train new people. This is significant, because the average age of our equipment and our people were both getting pretty high.
I know it is, at least on our products. We used to sell our superior products against inferior local goods in many of these foreign markets. We usually had to overcome a large price differential. Right now, a company in Poland can buy our superior US built equipment at a price that is very close to (usually not less then) the inferior local products.
For the first time in a long time, we have been able to raise our export prices (in dollars) and we are using the additional cash to upgrade our facilities and equipment and to hire & train new people. This is significant, because the average age of our equipment and our people were both getting pretty high.
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You think these countries are going to keep their tariffs low out of good will and love for the United States?