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.
What to look for in a credit card The best credit cards offer lucrative rewards…
Does money make you happy? The short answer is no. Researchers say the correlation between…
HAVING A SAVINGS GOAL IS A GREAT MOTIVATOR Maryann Akinboyewa, a 24-year-old public relations manager…
Saving a fortune isn't realistic. However, it is realistic to have $1 million in a…
Costco membership comes with some obvious perks - namely, access to the retail chain and…
Americans spend, on average, $33,391 on their weddings, according to The Knot's 2017 Real Weddings…