Sumitomo North America Announces Tariff-related Price Increases

In response to the Section 232 and Reciprocal Tariffs, Sumitomo Rubber North America will increase prices on select products by up to 25% on Passenger & Light Truck, and up to 10% on Commercial Truck and Motorcycle products in the US and Canada. The price changes will take effect May 1st, 2025, pending further U.S. Government announcements.

SRNA will update the Minimum Advertised Pricing program to reflect the changes, and the sales teams will provide details of the increase to our valued partners.

Source: Rubber World