As we enter the second half of the year, there are numerous tire industry developments that MTD is keeping an eye on. The nation’s biggest wholesale tire distributor emerged from bankruptcy, found a new owner and installed a new management team. (Editor's note: Just days after this editorial was written, ATD distributed this letter to its stakeholders.) It’s been more than three months since President Donald Trump’s “Liberation Day” and the long-term impact of tariffs is still unknown. Like other sectors, the tire industry prefers stability.