Trump’s 25% tyre tariff – further details

The share price for US-based tyre maker Goodyear jumped during the course of today’s trading, and it’s easy to see why when reading the ins and outs of the US Government’s proclamation introducing new tariff measures affecting imported vehicles and parts, including tyres. Local production becomes a whole lot more attractive now that, from 3 May 2025, tyres made in most parts of the world will attract a 25% ad valorem tariff.
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