Retail

Tariffs and higher prices may be inevitable

Posted on July 31, 2014

The tariffs are coming. With them will be an increase in tire prices.

That seems to be the way the winds are blowing, following early decisions by the United States International Trade Commission and the U.S. Department of Commerce. At the very least, Modern Tire Dealer Editor Bob Ulrich, who is against the tariffs, is not optimistic.

"The result will be increased tire prices," he says. "If tire manufacturers don't eat at least some of the increase, will tire dealers be able to pass it along to their tire customers? I don't think so."

Find out how high the tariffs might go and why by reading Ulrich's latest blog, "Tariff update: Can you afford to raise tire prices by 88% just to break even?"

Do you agree or disagree with Ulrich? Do you want tire prices to go up? Let us know what you think by leaving a comment!

Related Topics: B.O.B., DOC, ITC, tire pricing, tire tariffs

Comments ( 15 )
  • Realist

     | about 4 years ago

    Higher quality products should cost more. Learn to sell. I will thrive in this because my employees are great at selling regardless of costs and all of you sitting around crying over spilled milk will be gone and I'll have less people to compete with when the tariff expires.

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