9. Tires
Think of tires as where the rubber meets the road when it comes to tariffs. That’s because high-quality steel wire rods are used inside tires, manufacturers warned.
The U.S. Tire Manufacturers Association (USTMA), whose members such as Pirelli, Bridgestone, Continental and others operate 56 tire-related manufacturing facilities in 18 states and generate over $27 billion in annual sales, said in a letter opposing steel tariffs that there is no domestic supply of these wire rods that are produced using oxygen furnace technology. U.S. steel manufacturers use electric arc furnace technology, which is less consistent, it said.