Tariffs
LOUISVILLE, Colo. (BRAIN) — When you buy 5,000 pounds of aluminum every day, you notice quickly when the cost per pound goes up 20 percent — or more — in a matter of months.
Dave Batka, the owner of Wheels Manufacturing, is noticing.
WASHINGTON (BRAIN) — The U.S. bike industry has been drafted into the trade war between China and the U.S.
WASHINGTON (BRAIN) — China-made bicycle GPS units are expected to see a significant price increase in the coming months due to a 25 percent tariff imposed by the Trump adminstration.
WASHINGTON (BRAIN) — President Trump proposed late Thursday an additional $100 billion in punitive tariffs against Chinese imports, suggesting the president is looking to penalize approximately $400 billion in Chinese goods. About $505 billion in Chinese goods were imported into the U.S. in 2017.
WASHINGTON (BRAIN) — Industry importers can breathe a sigh of relief: There are no major bike-related product categories among the 1,300 types of Chinese products the Trump administration named Tuesday to receive an extra 25 percent t
WASHINTON, D.C. (BRAIN) — President Trump announced Thursday he was beginning to take steps toward imposing tariffs on up to $60 billion of Chinese imports. The move is motivated by the administration's belief that China has a history of forcing U.S.
WASHINGTON (BRAIN ) — Companies looking to get exclusions from new steel and aluminum tariffs must apply according to rules set out by the Department of Commerce on Mond
MANNING, S.C. (BRAIN) — The Trump Administration’s newly announced tariffs on imported steel and aluminum will — at least temporarily — put a jobs expansion proposal by Kent International on hold.
KENT, Wash. (BRAIN) — As part of a review late last year, managers at Accell North America discovered that the company had been underpaying U.S. Customs on some bike import duties since 2013. The company wound up paying 4 million euros ($4.9 million) in repayments and interest.
WASHINGTON (BRAIN) — The Trump administration's plans to sign sweeping tariff revisions next week could raise the price of imported steel by 25 percent and increase the cost of imported aluminum by 10 percent.
BRUSSELS (BRAIN) — European bicycle manufacturers plan to keep the pressure on Chinese bicycle manufacturers and are now taking aim at what the European Bicycle Manufacturers Association calls a flood of e-bikes jeopardizing European jobs and manufacturing.
NEW YORK (BRAIN) — For duty purposes, bike cassettes are once again being treated just like freewheels — exempt from all duty requirements, thanks to a recent ruling by the U.S. Court of International Trade.
WASHINGTON, D.C. (BRAIN) — PeopleForBikes' Katy Hartnett wants to hear from suppliers who want Congress to ease or suspend import tariffs on parts, accessories or products that they sell in the U.S.