Tariffs
WASHINGTON (BRAIN) — President Donald Trump on Wednesday tweeted that a planned increase in tariffs on Chinese goods, including many bike products, will be delayed 15 days.
WASHINGTON (BRAIN) — The Chinese products that were set to receive an additional 10% tariff starting at 12:01 a.m. Sunday, Sept. 1, will now be receiving a 15% additional tariff, instead, the U.S. Trade Representive said in a Federal Register post Friday.
WASHINGTON (BRAIN) — While President Donald Trump announced Tuesday that his administration will delay some tariffs on Chinese imports until Dec. 15, most bicycle products remain on a list subject to increased tariffs Sept. 1.
SHANGHAI (BRAIN) — President Donald Trump on Thursday said the U.S. will impose a 10% tariff on Chinese goods worth $300 billion in annual imports. That includes bicycle products not previously subject to new Trump tariffs, including helmets, lights, apparel and shoes.
The added 25% tariffs imposed on many Chinese-made goods in May are about to impact retailers and their suppliers. These unpredictable market conditions seem likely to continue, and it’s safe to say that whatever happens, prices won’t go down. What can we do about it?
OSAKA, Japan (BRAIN) — President Donald Trump, at the G20 summit in Japan Saturday, said he would hold off imposing additional tariffs on $300 billion worth of Chinese imports, a list that included those bicycle products that were not included in earlier tariff rounds, which remain in place.
WASHINGTON (BRAIN) — Days after the Trump administration's tariff on most Chinese bike products was increased from 10% to 25%, representatives from the bike industry spoke at a hearing in the nation’s capital in hopes of fending off the administration's final proposed tariff, which would apply to virtually
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's chairwoman, Bonnie Tu, told Bloomberg that the era of "Made in China" is over.
WASHINGTON (BRAIN) — Early in this decade, the U.S. imported bike car racks, high-end road wheels, and the occasional road bike from Mexico. As recently as 2001, the U.S. imported hundreds of thousands of bikes annually from south of the border. But more recently, Mexico has exported almost no bicycle products to the U.S.
WASHINGTON (BRAIN) — The U.S. Trade Representative is delaying by 15 days the imposition of increased tariffs on some Chinese goods.
KIRCHBERG, Luxembourg (BRAIN) — Giant Electric Vehicles has asked the General Court of the European Union for an anullment of the 24.6% anti-dumping duties it imposed on the company's China-made e-bikes in January.
BEIJING (BRAIN) — China is considering restricting the export of rare-earth magnets in response to the trade war with the U.S. A restriction could throw a big wrench into the e-bike market, because the magnets are a critical part of all e-bike motors and China controls much of the world's supply.
Spoiler: Well over $1 billion worth of bike stuff at Customs value — at least half of all bike-related imports.
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