Tariffs
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.
WASHINGTON (BRAIN) — Two U.S. Senators have introduced legislation that would lower tariffs — currently as high as 30 percent — on some types of "recreational performance outerwear." Some cycling rain gear might be included in the clothing items that would see a tariff reduction.
OTTAWA, Ontario (BRAIN) — Bill Yetman, executive director of the Canadian Independent Bicycle Retailers Association, penned a letter to the country's finance minister this week, asking that the government eliminate duties and tariffs on bicycles in Canada.
WASHINGTON (BRAIN) — Representatives from the bike industry and the advocacy group PeopleForBikes are proposing the U.S. tariffs on imported bikes be reduced or eliminated because bikes have a positive effect on the environment.
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