Tire tariffs and their (domino) effect on you
If implemented, will anti-dumping duties on consumer tire imports from China be severe enough to cause tire companies to react accordingly? Evidently, the countervailing duties that went into effect on Dec. 1, 2014, were bad enough to get the ball rolling.
Two tire manufacturers increased pricing. Another shifted production. And Del-Nat Tire Corp. agreed in principle to sell its business.
Cause and effect is unavoidable, but sometimes goes unannounced. So to keep up on how the tariff is affecting the industry, check out Modern Tire Dealer Editor Bob Ulrich's latest blog, "Dominoes begin falling as the second tariff decision looms."
Do you believe that the potential anti-dumping duties (oh, who's kidding who -- there will be some) will lead to wide-spread price increases? Are you happy about it? How else the tariffs affect your business?
Read the blog, then let us know what you think by leaving a comment!