PET 0.00% 2.5¢ phoslock environmental technologies limited

Excellent point ChukThe tariffs are an absolute non issue for US...

  1. 425 Posts.
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    Excellent point Chuk

    The tariffs are an absolute non issue for US sales.

    The government buys Phoslock to deal with their pollution issues and they pay a premium for the product because of government tariffs on imports.

    They simply take the money out of one pocket and put it in the other. The extra that they pay in tariffs for the imported goods goes into their own coffers.

    Its a zero sum game.

    Tariffs only matter if the end user is a private enterprise which makes up about .05% of out market.


 
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