Tariff Quote Watch: Cooper Set To Tread on Tire Tariff Costs, From 2020 April 29, 2019 Cooper Tire has reported an improvement in its profits in North America in 1Q 2019 compared to a year earlier despite the imposition of tariffs on radial tire imports from China. A “market phasing” of price increases has helped but is “not expected to offset the full cost of the tariffs in 201... Read more →
Tariff Quote Watch: Cooper Tire Bounces Back After Tariff-Linked Impairment February 20, 2019 Cooper Tire included a $34 million goodwill impairment in its 4Q 2018 earnings. That was the result of a truck and bus tire import duty applied to Chinese tire exports by the U.S. CEO Bradley Hughes has stated there “will be pricing actions to help offset the cost of tariffs” though the impact... Read more →
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