{"id":670868,"date":"2025-04-30T15:41:41","date_gmt":"2025-04-30T19:41:41","guid":{"rendered":"https:\/\/www.familyhandyman.com\/?p=670868"},"modified":"2025-05-01T07:31:43","modified_gmt":"2025-05-01T11:31:43","slug":"trumps-tariffs-power-tool-prices","status":"publish","type":"post","link":"https:\/\/www.familyhandyman.com\/article\/trumps-tariffs-power-tool-prices\/","title":{"rendered":"Trump Tariffs Are Making Power Tools More Expensive"},"content":{"rendered":"While it\u2019s hard to keep track of where things stand with the tariffs imposed by President Trump, we are starting to see the inevitable price increases connected to those economic decisions on store shelves. Now, the price of power tools is going up as Stanley Black & Decker said Wednesday, April 30, that the company would be raising prices on its products, which also include DeWalt power tools and Craftsman wrenches.\r\n\r\nThe company announced the news in its first-quarter earnings report<\/a>. Despite beating revenue expectations, Stanley reported a 3.2 percent dip in sales for the first three months of 2025.\r\n

How Much Will Stanley Black & Decker Raise Its Prices?<\/h2>\r\nThe company said in its quarterly report that it \u201cimplemented a high-single digit\u201d increase as of April, and it plans to raise prices again in July.\r\n

Why Are They Raising Prices for Tools?<\/h2>\r\nIn one word: tariffs. Overall, the company said that it expects tariffs to drag earnings down by 75 cents per share this year. Raising prices is one of two measures they\u2019re undertaking to help offset the impact.\r\n\r\nGranted, it can be confusing to know exactly where rates stand for the tariffs the President imposed without Congressional authority, as of now those rates are as high as 145 percent on anything coming from China.\r\n\r\nTariffs are a tax on products and materials bought from another country. Companies importing those goods pay that tax, and it\u2019s almost always passed along to consumers. In short, tariffs are a tax that you ultimately pay when you buy something (essentially a consumption tax).\r\n\r\nA lot of tools are made in China<\/a> and other foreign countries or source their parts from overseas, so don't be surprised when other manufacturers have to start raising prices too.\r\n

Is Stanley Black & Decker Doing Anything to Avoid Higher Tariffs?<\/h2>\r\nIn an effort to work around some of the highest tariff rates, the company plans to accelerate \"strategic adjustments to its supply chain with the objective of leveraging Mexico and reducing China tariff costs over the next 12-24 months.\u201d\r\n\r\nCurrently, China is the source for 15 percent of Stanley Black & Decker\u2019s supply chain. Moving more of its operations to North America could help, but Trump has also imposed a 25 percent tariff on goods from Canada and Mexico. However, some products from those two countries are exempt from tariffs if they comply with the USMCA trade agreement from 2019.\r\n\r\nLike other companies, Stanley Black & Decker\u2019s leadership also said that it plans to \u201cproactively engage\u201d with the Trump administration over the issue.\r\n

Will Tariffs Impact DIYers?<\/h2>\r\nDIYers will feel the impact of tariffs<\/a> acutely as these taxes hit nearly everything from car parts to lumber. Price increases won\u2019t be limited to power tools.\r\n\r\nIf you\u2019re needing to replace your tools, you probably shouldn\u2019t wait.\r\n\r\n ","protected":false},"excerpt":{"rendered":"

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He's been DIY'ing since he was a kid, learning from his father who was a carpenter and general contractor. Ryan has a natural curiousity to learn how things work and how to make them work better. That spirit has guided his career his own DIY journey as a homeowner. He specializes in the areas of painting, sustainability, and basic home maintenance. Through his career, Ryan covered the NFL for more than a decade, edited award-winning features, worked as a senior editor at Outside magazine as well as writing and editing buying guides and product reviews for national publications.","url":"https:\/\/www.familyhandyman.com\/author\/rbibber\/"}]}},"publishpress_future_action":{"enabled":false,"date":"2025-05-10 18:02:44","action":"draft","terms":[],"taxonomy":"category"},"canonical_url":"https:\/\/www.familyhandyman.com\/article\/trumps-tariffs-power-tool-prices\/","author_details":{"7410":{"ID":7410,"user_url":"","user_email":"ryan.bibber@trustedmediabrands.com","user_nicename":"rbibber","user_login":"rbibber","display_name":"Ryan Van Bibber","first_name":"Ryan","last_name":"Van Bibber","description":"Ryan Van Bibber, the executive editor for Family Handyman, is a career journalist with more than two decades of experience in the industry. 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Through his career, Ryan covered the NFL for more than a decade, edited award-winning features, worked as a senior editor at Outside magazine as well as writing and editing buying guides and product reviews for national publications.","type":"wpuser"}},"images":{"670876":{"image_url":"https:\/\/www.familyhandyman.com\/wp-content\/uploads\/2025\/04\/Trumps-Tariffs-Are-Making-Power-Tools-More-Expensive_GettyImages-1191044822-2023036629_DKedit_FT.jpg","post_data":{"ID":670876,"post_author":"7658","post_date":"2025-04-30 15:03:57","post_date_gmt":"2025-04-30 19:03:57","post_content":"","post_title":"Trump's Tariffs Are Making Power Tools More Expensive Gettyimages 1191044822 2023036629 Dkedit Ft","post_excerpt":"","post_status":"inherit","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trumps-tariffs-are-making-power-tools-more-expensive_gettyimages-1191044822-2023036629_dkedit_ft","to_ping":"","pinged":"","post_modified":"2025-04-30 15:05:01","post_modified_gmt":"2025-04-30 19:05:01","post_content_filtered":"","post_parent":670868,"guid":"https:\/\/www.familyhandyman.com\/wp-content\/uploads\/2025\/04\/Trumps-Tariffs-Are-Making-Power-Tools-More-Expensive_GettyImages-1191044822-2023036629_DKedit_FT.jpg","menu_order":0,"post_type":"attachment","post_mime_type":"image\/jpeg","comment_count":"0","filter":"raw"},"post_meta":{"_wp_attached_file":["2025\/04\/Trumps-Tariffs-Are-Making-Power-Tools-More-Expensive_GettyImages-1191044822-2023036629_DKedit_FT.jpg"],"mdd_hash":["b193bb524a87d3b1ee5c11dc6c65d297"],"mdd_size":["123592"],"_syndication_rights":["1"],"_wp_attachment_image_alt":["Power drill, dollar icon and upward arrow icon arranged ona blue background"],"_wp_attachment_metadata":["a:6:{s:5:\"width\";i:1200;s:6:\"height\";i:1200;s:4:\"file\";s:108:\"2025\/04\/Trumps-Tariffs-Are-Making-Power-Tools-More-Expensive_GettyImages-1191044822-2023036629_DKedit_FT.jpg\";s:8:\"filesize\";i:123592;s:5:\"sizes\";a:0:{}s:10:\"image_meta\";a:12:{s:8:\"aperture\";s:1:\"0\";s:6:\"credit\";s:0:\"\";s:6:\"camera\";s:0:\"\";s:7:\"caption\";s:0:\"\";s:17:\"created_timestamp\";s:1:\"0\";s:9:\"copyright\";s:0:\"\";s:12:\"focal_length\";s:1:\"0\";s:3:\"iso\";s:1:\"0\";s:13:\"shutter_speed\";s:1:\"0\";s:5:\"title\";s:0:\"\";s:11:\"orientation\";s:1:\"0\";s:8:\"keywords\";a:0:{}}}"],"_one_time_use":["0"],"_image_licensor_id":[""],"_image_licensor_name":[""],"_license_type":[""],"photographer_credit_name":["FAMILY HANDYMAN, GETTY IMAGES (2)"],"_wp_attachment_source_url":[""],"_wp_attachment_license":[""],"_wp_attachment_license_url":[""]}}},"current_site_slug":"fhm-com","_yoast_wpseo_title":"Trump Tariffs Driving Up Power Tool Prices","_yoast_wpseo_metadesc":"","_yoast_wpseo_focuskw":"","dek":["Hope you don't need to replace your tools any time soon!"],"_links":{"self":[{"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/posts\/670868"}],"collection":[{"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/users\/7410"}],"replies":[{"embeddable":true,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/comments?post=670868"}],"version-history":[{"count":7,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/posts\/670868\/revisions"}],"predecessor-version":[{"id":671044,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/posts\/670868\/revisions\/671044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/media\/670876"}],"wp:attachment":[{"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/media?parent=670868"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/tags?post=670868"},{"taxonomy":"categories-v2","embeddable":true,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/categories-v2?post=670868"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.familyhandyman.com\/wp-json\/wp\/v2\/coauthors?post=670868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}