Do Tariffs Have Ski Makers Heading for a Wipeout?
Let’s take a quick look at how tariffs will impact three small ski manufacturers.
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Love President Trump or hate the guy, his policies are going to be with us for a while.
And we talk about economics here a lot. Big picture stuff about who Trump’s policies will help or hurt. Sometimes, we use data (yay!), and sometimes anecdotes.
This article falls into the anecdotal evidence bucket, but it does a nice job of describing the impacts on three small businesses that make skis. And when I’m not hanging out with y’all on TheStreet Pro, or messing around with cars, (or spending time with my family!) I’m skiing.
Trump’s Potential Tariffs Leave American Ski Companies in Limbo
So, let’s take a quick look at how the tariffs will impact small ski manufacturers, JSkis, Moment and ON3P.
- JSkis are designed in the U.S. but produced in Quebec, which the owner can drive to from Vermont.
- With a 25% tariff, JSkis would pass that on to customers, resulting in a 10% markup. (The tariff is on JSkis' cost, not the retail price)
- Moment produces their skis in the U.S., but parts, like steel edges, will carry a 25% tariff.
- ON3P uses sustainable bamboo cores made from China.
In all three cases, these are specialized products with no U.S.-based manufacturer that they can swap over to.
As a result, all three companies are having trouble planning for next year and are simply waiting and seeing, rather than making product.
Powder is one of our sister publications. Hope you like the article, whether or not you're a fan of tariffs.
A version of this article originally appeared in TheStreet Pro's Daily Diary.
