Black & Decker Bracing for $100M Tariff Hit

Stanley Black & Decker, Inc. says the Trump administration’s proposed tariffs could cost the maker of industrial tools and household hardware up to $100 million in extra charges on goods imported from China, resulting in a “net impact” of $10 million to $20 million.

During the company’s Q4 2024 earnings call February 5, president & CEO Don Allan said, “Our approach to any tariff scenario will be to offset the impacts with a mix o…