Polaris Tells Suppliers They Must Help Offset Trump Tariff Costs

Polaris Industries Inc. said its suppliers must help offset the cost of President Donald Trump’s trade wars if they want to keep doing business with the snowmobile and motorcycle manufacturer.

Polaris is being disparately affected by Trump’s trade policies because it relies on China for many components but has invested heavily in the U.S. for final assembly, Chief Executive Officer Scott Wine said on an earnings call Monday. In contrast, the company’s largest competitor for off-road vehicles assembles them in Mexico, and some of its big motorcycle rivals buy many of their components from Japan, he said.