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Tariffs threaten America’s booming RV industry

Tariffs threaten America’s booming RV industry

UNITED STATES — RVs are having a moment in America, but President Trump’s tariffs on steel and aluminum threaten to hobble the industry, reported CNN Money.

Trump announced last week that the administration would follow through with 25 percent tariffs on imported steel and 10 percent on imported aluminum. The tariffs went into effect on Friday.

Airstream-maker Thor Industries, the largest US manufacturer by sales, has reported that tariffs have led to more expensive steel and aluminum prices — and dented the company’s profit margin.

Read the full article at CNN Money.

 

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About Ronnie Garrett

Ronnie Garrett is the editor in chief of RV Daily Report. She's been a writer/editor for more than 25 years, working in law enforcement, aviation, supply chain and now the RV industry. She's not a stranger to RVs, however. She grew up camping, and still camps as many weekends as she can every year.

3 comments

  1. Hobble?? Please do to give them time to add a little QC!

  2. BS. Tariffs on steel and aluminum will add a fraction of a percent to the production cost.

  3. Well if CNN says so, it MUST be true! Right? Right??

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