(BRAIN) — The U.S. imports most of its bikes, along with e-bikes, bike parts and frames and accessories. The new tariffs announced by the Trump administration Wednesday apply to all of the above and more. We thought we'd take a quick look at the top nations supplying complete bikes to the U.S., and what the new tariffs on those imports will be after they take affect next week.
As noted in the table, the administration's threatened 25% tariffs on products from nations that import oil from Venezuela are not included because the administration has not released details on that program. PeopleForBikes has suggested that tariff could add another 25% to imports from China.
Complete bicycles are not subject to the new 25% steel and aluminum tariffs imposed last month. And products that are subject to the steel and aluminum tariffs (which includes bike chains, exercise equipment including stationary bikes and trainers, some cables and locks and various fasteners and hardware) are exempt from the new tariffs announced April 2.
What about other kinds of bike products? Most components and accessories have pre-existing duties in the 0-8% range, instead of the 11% in the fifth column from the left in the table above. Frames, for example, have a 3.9% duty. E-bikes have no duty, so you can substitute a zero in the fifth column above to determine the new total tariffs on e-bikes from various countries.
The new 10% duty on many nations (including the U.K, and the Czech Republic in the table above) takes effect April 4 at 12:01 a.m. The higher tariffs, which apply to 29 countries including the remainder of the countries in the table except Canada, takes effect April 9 at 12:01 a.m., giving those countries some time to negotiate with U.S. officials.
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Source: US Census USA Trade Online
