stry News Industry News Industry News Industry News Industry News Industry Ne
increases; we’ re reviewing our supply chain flows to understand how we can really mitigate the impact of the tariffs. We have already started to implement some price increases as we try to mitigate the pressure.”
“ It’ s a moving target, but as the current tariff situation stands there would be a net exposure [ to Husqvarna ] of some-300 to 500 million SEK for the rest of 2025.
Makita In the future, the Makita Group expects that the prospect for the global economy will continue to be uncertain. Meanwhile, the group believes that demand for environmental and human friendly tools that contribute to the solution of social issues, such as the labor shortage and environment conservation by increased efficiency of works, will continue to increase further both in emerging and developed countries.
Amid ongoing geopolitical tensions, the impact of mutual tariffs and trade friction on the global economy is extremely uncertain. Particularly, in the U. S., Makita expects a significant decline in sales due to tariffs against China. In terms of costs, Makita expects to see a rise in labor costs.
Polaris is currently talking about its competitive position in the UTV and motorcycle market as one of the most established in U. S. manufacturing and R & D, adding to its“ challenging industry headwinds.” The company joined some larger manufacturers in withdrawing its full-year 2025 guidance.
Stanley, Black & Decker In response to the United States’ recent policy actions and to safeguard gross margins, Stanley, Black & Decker has implemented a high-single digit U. S. Tools & Outdoor price increase in April, with plans to introduce a second price increase effective the beginning of the third quarter. The company is also accelerating strategic adjustments to its supply chain with the objective of leveraging Mexico and reducing China tariff costs over the next 12-24 months. The company expects to leverage its industry leading North American footprint as a competitive advantage(~ 60 % of U. S. cost of sales). Management also intends to continue proactively engaging with the U. S. administration.
Stihl“ This [ tariff impact ] is obviously something that’ s on our mind every morning, and it kind of changes every day,” said Stihl Chairman Michael Traub.“ There’ s not even a strategy to be defined and some of the things seem to be evolving. Sometimes it’ s obviously better not to react to daily things as they are happening.
One third of our business is in North America, and we have had our factory in Virginia Beach since 1974. What the current administration wants is more investment in the U. S. We did that in 1974 and not because of administrative pressure but because we believe that it’ s the right thing, to be local. Already, 61 % of our components are sourced in the United States.”
“ On the other hand, you obviously have a lot of components and batteries that come from Europe or Brazilian factories. Stihl strongly believes in global trade; we strongly believe in free trade. Tariffs are nothing else but taxes and that at the end of the day consumers will pay them. While we do everything to avoid increases in market prices, I’ ve fear that if escalation continues, we have no choice but to pass on costs to the marketplace which drives inflation.”
MANUFACTURERS, VEHICLES AND TRACTORS Caterpillar“ Short term, we’ re taking some actions as we can to mitigate the cost of tariffs,” said Caterpillar CFO Andrew Bonfield.“ If those tariffs become permanent, we will obviously have to take more action. It’ s a bit more challenging because obviously our supply chain is very established and it’ s not
www. OPE-Plus. com May 2025 OPE + 7