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Tariffs, Steel Prices & Garage Door Costs in 2026: What Dealers Need to Know Now

⏱️ 13:27 🎀 Ryan
AUDIO EPISODE
Tariffs, Steel Prices & Garage Door Costs in 2026: What Dealers Need to Know Now
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Chapters

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  • 0:00
    New Tariffs & Steel
    Ryan introduces the recent tariff news and its impact on steel and aluminum costs for the garage door industry.
  • 0:26
    Trump's Tariff Response
    He details Trump's swift response to the Supreme Court's ruling with new Section 122 tariffs, effective February 24th.
  • 1:45
    Tariff Impact & Prices
    Ryan clarifies that the new tariffs don't affect existing price hikes from suppliers like LiftMaster and Clopay, emphasizing continued price increases.
  • 3:55
    Protecting Open Quotes
    He advises dealers to be cautious with open quotes and to include price escalation clauses in long-term contracts.
  • 6:21
    Don't Drop Prices
    Ryan stresses not to lower prices based on tariff headlines, as core material costs remain unchanged.
  • 6:58
    Sales Conversation Starter
    He suggests using the news cycle to explain to customers why prices won't drop and to address their concerns.
  • 7:44
    Focus on Replacements
    Ryan notes a shift towards replacement services as new door prices rise, highlighting the value of quiet hardware upgrades.
  • 9:02
    Watch July 24th
    He advises monitoring the July 24th expiration of Section 122 tariffs for potential future changes.
  • 9:51
    Adjusting Pricing Now
    Ryan concludes by emphasizing the importance of adjusting prices, training teams, and building flexibility to succeed in the current market.

Speakers

R
Ryan
Host

Key Takeaways

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Do not adjust your price book downwards based on tariff headlines; the core costs for steel and aluminum remain unaffected by recent legal rulings.

✦

Utilize the news cycle about tariffs as a conversation starter with customers to explain why garage door material costs are not decreasing, managing expectations proactively.

✦

Implement material escalation clauses in all commercial and new construction quotes to protect your business from manufacturer price increases due to future tariff changes.

✦

Focus on offering replacement services and upgrades, like quiet hardware kits, as new door prices continue to rise, catering to customers seeking value in existing structures.

✦

Stay informed about the July 24th expiration date of the Section 122 tariffs, as this could bring new policy shifts affecting pricing and supply chains.

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Network with other dealers and ensure your pricing reflects current market realities, prioritizing good margins over outdated markup strategies to avoid business purges.

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