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 3 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.

  • See all comments
More Stories
Nexen's updated sponsorship of Manchester City now includes the double-winning Manchester City Women's Team.
News

Nexen Sees a Marketing Opportunity — on a Sleeve

Nexen Tire Co. Ltd. has created a first-of-its-kind partnership with an English Premier League club. The tire company will be the Official Sleeve Partner of the Manchester City Club, and the Nexen logo will appear on the club's uniform sleeve for all league games in the 2017-2018 season.

BKT’s ConExpo-Con/Agg booth featured its farm, ATV and UTV tires.
News

From Farm to UTV, BKT Made a Big Splash at ConExpo

The BKT USA Inc. booth at the recently completed 2017 ConExpo-Con/Agg in Las Vegas gave show attendees plenty to talk about. The company showcased not only its Earthmax farm tires, including the new Earthmax SR 35, but also its ATV/UTV tire lineup.

News

Michelin Advances Tire Safety 'Beyond the Driving Test' in 40 States

Michelin North America Inc. and the Federation Internationale de l’Automobile (FIA), the global governing body for motorsports, have secured the commitments of 40 U.S. states and the District of Columbia to include standard tire-safety information in driver’s manuals.

Article

Higher Raw Material and Tire Makers’ Prices Lead to Increased Tire Costs

According to the results of our survey, demand for passenger and light truck replacement tires declined slightly in January. Indeed, from a volume standpoint, the dealers reported they sold 0.1% fewer tires last month relative to the previous year’s period, following a slight increase in December and November. 

Figure 1: Identifying tire pressure sensor components. (Illustrations courtesy of Chrysler Corp.)
Article

TPMS: Chrysler/Jeep Wrangler – 2011-15

This tire pressure monitoring system (TPMS) on 2011-2015 Chrysler/Jeep Wranglers consists of sensors attached to each wheel through the valve stem mounting hole, a wireless control module (WCM) and a yellow TPMS telltale lamp.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!