Archive · 15 Aug 2025
JK Tyre Unscathed by US Tariffs, Exports From Mexico
JK Tyre, a tire company, won't be hurt by new US tariffs because they make tires in Mexico and ship them to the US.
They get a good part of their money from selling in the US.
The US had planned to charge extra taxes on things from Mexico, but they made a deal to delay the taxes for 90 days.
JK Tyre has three factories in Mexico that make a lot of tires.
Even though the company's profits went down recently, their sales are still going up.
JK Tyre will not be impacted by US tariffs due to exports from its Mexico plants.
The company generates a high single-digit percentage of its revenue from the US market.
JK Tyre has three plants in Mexico, producing over six million tires annually.
US tariffs on imports from Mexico were suspended for 90 days.
JK Tyre's consolidated net profit fell 22% year-on-year in Q1.
- Who
- JK Tyre & Industries and the US government.
- What
- JK Tyre is unaffected by US tariffs due to exporting from Mexico.
- When
- Tariffs were announced on July 12 and a 90-day suspension was agreed upon on July 31. The report was published on August 15, 2025.
- Where
- The US and Mexico are involved, with JK Tyre operating in Mexico and exporting to the US.
- Why
- To avoid the impact of US tariffs on its exports to the US market.
- Company
- JK Tyre & Industries
- US Revenue
- High single-digit percentage
- Mexico Plants
- 3
- Mexico Production
- Over 6 million tires annually
- Q1 Net Profit Decline
- 22% YoY
- Q1 Revenue Growth
- Over 6% YoY