Apr. 5 at 2:05 PM
$TWI Titan International issues statement in response to U.S. tariff policy
Titan International highlighted the company's extensive domestic manufacturing capabilities and skilled workforce as industries around the world begin to adapt to new tariff policy. David Martin, Senior Vice President and CFO stated, "It is an important time in American history as trade policy has the potential to reshape global economics and geopolitical relationships.
Titan has long been a proud domestic manufacturer of off-road tires, wheels and tracks, supplying critical products to leading agricultural, construction and consumer product OEMs and to end-users through our preeminent distribution network, and there are no other domestic producers with the production capabilities of Titan. We have fought for years against foreign competition, with lower barriers from tariffs, and we have continued to prevail due to our strengths.
In this new environment, our capabilities should shine brighter. Simply put, we have the strongest capability to serve our customers better in times of significant uncertainty and volatility. As a result, we are well-positioned to meet our customers' needs while supporting American jobs and economic growth. In the midst of the noise of the market this week, I believe it's important to remind everyone of Titan's capabilities."
