Tariffs
BUENOS AIRES, Argentina (BRAIN) — President Donald Trump and Chinese President Xi Jinping agreed to a truce in the ongoing trade war this weekend. Trump agreed to delay implementing a 25 percent tariff on Chinese goods — including at least $1 billion in bike-related products — that had been set to take effect Jan. 1.
HO CHI MINH CITY, Vietnam (BRAIN) — Before the start of any U.S. and EU discussions of tariffs on e-bikes out of China, Taiwan frame builder Astro Engineering Co. Ltd. started to increase its aluminum and carbon frame production capacity in Vietnam.
BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association and PeopleForBikes are collecting data from the industry as the groups prepare to apply for exemptions from the 25 percent tariffs on Chinese-made e-bikes and e-bike motors imposed in August.
TAIPEI, Taiwan (BRAIN) — Cambodia, already the biggest bicycle supplier to the EU, is making up ground in the U.S. market as well due to the recent tariffs imposed by the Trump administration.
WASHINGTON (BRAIN) — Imports of all merchandise at the nation's major retail container ports have slowed from their pre-holiday peak but remain at unusually high levels as importers continue bringing in merchandise before tariffs increase in January, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
BOULDER, Colo. (BRAIN) — If ever the industry's nonprofits were in the spotlight, it was in 2018.
WASHINGTON (BRAIN) — Kent International and Detroit Bikes have withdrawn a petition to the U.S. International Trade Commission that sought protection from complete bike imports in the form of new tariffs of up to 50 percent.
WASHINGTON (BRAIN) — Two domestic bike assemblers are asking the International Trade Commission to look into imposing tariffs of up to 50 percent on imported bikes.
WASHINGTON (BRAIN) — President Donald Trump has ordered the State Department to begin renegotiating the Universal Postal Union treaty, which allows China and other developing countries to ship products to the U.S. at very low rates.
BRUSSELS (BRAIN) — The European Bicycle Manufacturers' Association has withdrawn its request to the European Commission to begin registering the imports of e-bikes into the EU.
MARINA, Calif. (BRAIN) — Daniel Emerson's heart sank when he saw that bike lights were exempt from the new tariffs that took effect today, while light components get slapped with the tariff. "Basically the U.S. government is providing a huge boost to our China-based competition. ... They are telling us very clearly we are not welcome in the U.S.," he told BRAIN on Monday.
RENO, Nev. (BRAIN) — In light of the new 25 percent tariffs approved by President Donald Trump this week, bike industry groups are ramping up their lobbying calling for a reform of the de minimis value — the minimum value of an imported shipment that is subject to U.S.
RENO, Nev. (BRAIN) — With a 10 percent tariff hitting bikes next Monday, and an additional 15 percent being added Jan. 1, should retailers dig deep and order all the bikes they can before the end of the year?