Frugal Shopper: Experts Say Tire-Tariff Price Spike Looms Ahead
TCC's Frugal Shopper ALERT: If you drive a small, aging econocar—or even a mid-size sedan—and have been thinking about new tires, get them now, because several weeks from now you might be paying $20 or $30 more for a set.
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Last month the federal government imposed a controversial new 35-percent tire tariff on passenger car and light-truck tires imported from China. The tire industry—including a number of retailers—had been opposing the tariff and predicted that prices will rise as a result-at an inopportune time, with affordable tires most affected at a time when owners can't afford the extra cost.
The tariff was heavily influenced by...
TCC's Frugal Shopper ALERT: If you drive a small, aging econocar—or even a mid-size sedan—and have been thinking about new tires, get them now, because several weeks from now you might be paying $20 or $30 more for a set. -- Last month the federal government imposed a controversial new 35-percent tire tariff on passenger car and light-truck tires imported from China. The tire industry—including a number of retailers—had been opposing the tariff and predicted that prices will rise as a result-at an inopportune time, with affordable tires most affected at a time when owners can't afford the extra cost. The tariff was heavily influenced by... Read More
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