While 15% is too much, keep in mind that when costs go up for the materials used in a manufactured part there are also cost increases within the manufacturing process that end up being passed along too.
Things like drill bits used in the machines get more expensive. The machines themselves get more expensive. Tooling and fixtures get more expensive. At the end of it all often labor costs go up as workers get cost of living increases.
The Tariff thing is a pretty wide reaching monster when one looks at it in depth.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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