
Tariffs Are Savaging His Manufacturing Business!
Send us Fan MailIt was illuminating to hear from Mike Musheinish, CEO of Detroit Axle, about the effects of tariffs on his aftermarket auto parts-making business.Mike discussed the severe impact of the new tariffs on his business. Initially, tariffs cost his company $25,000 per $1 million in parts, but this rose to $725,000. This forced Detroit Axle to raise prices, affecting profitability and consumer affordability. Mike highlighted the broader economic consequences, including inflation exacerbated by rising energy costs. He criticized tariffs for favoring large corporations and creating a "tariff mafia."Mike advocated for better infrastructure and education to support domestic manufacturing, emphasizing the need for competition to drive down costs and improve quality. He also praised the potential of employing returning citizens.Highlights:00:00 - Introduction - Mike's Background and Business Model02:42 - Impact of Tariffs on Detroit Axle05:34 - Challenges of Tariffs and Market Dynamics08:53 - Regulation and Competition12:15 - Positive Actions for Manufacturing16:26 - Challenges of Producing in the USA26:18 - Support for Returning Citizens29:44 - Conclusion and Final ThoughtsTune in and take in the whole show, because this one has a lot of the details of the current reality for the hardworking people on the front lines of American manufacturing.Check out the Detroit Axle website here: https://www.detroitaxle.com/










