Tariffs
PARSIPPANY, N.J. (BRAIN) — Arnold Kamler, the CEO and chairman of Kent International, plans to testify in Washington this week against proposed tariffs and on behalf of Kent and a newly formed entity, the Reshoring Bicycle Production Team.
WASHINGTON (BRAIN) — The subject was supposed to be the 25 percent tariffs the Trump administration wants to impose on virtually all bicycle products coming out of China.
DAYTON, Ohio (BRAIN) — If the Trump administration is imposing tariffs on Chinese bikes in an effort to protect domestic bike manufacturing, Huffy's CEO says that ship has sailed.
SEATTLE (BRAIN) — Rad Power Bikes, a Seattle-based direct to consumer e-bike brand, says it will increase the price of its U.S. e-bike models by $200, and its commercial-grade e-trike model by $800. The price increases will take effect Aug.
WASHINGTON (BRAIN) — A new report shows that retailers — across all categories — are stocking up on Chinese consumer goods before the possibility of increased tariffs.
WASHINGTON (BRAIN) — Industry members have been submitting comments to the U.S. Trade Representative opposing the Trump administration's proposed 25 percent tariff on $200 billion in Chinese products, which includes at least $1 billion in bike-related products.
FARMINGTON, Utah (BRAIN) — Vista Outdoor sales were down 6.6 percent in its most recent quarter and in an earnings call Thursday company executives gave some insights on their plans to sell off its Bell, Giro and Blackburn brands.
WASHINGTON (BRAIN) — The U.S. Trade Representative has approved the inclusion of e-bikes and e-bike motors on the list of $16 billion worth of Chinese products that will be hit with a 25 percent tariff starting Aug. 23.
WASHINGTON (BRAIN) — Two members of the U.S. e-bike industry testified Wednesday in opposition to the Trump adminstration's proposed 25 percent tariff on e-bikes from China.
BOULDER, Colo. (BRAIN) — PeopleForBikes will conduct a free half-hour webinar on proposed U.S. tariffs on Friday.
WASHINGTON (BRAIN) — Monday July 23 was the final day that the U.S. Trade Representative accepted public comments about its proposed 25 percent tariff on e-bikes and other goods. A public hearing is scheduled for this Wednesday and at least two industry representative are expected to speak.
BRUSSELS (BRAIN) — The European Commission has imposed provisional anti-dumping duties on e-bikes from China, with tariffs ranging from 21.8 to 83.6 percent, depending on which factory produced the bikes.
GRAND JUNCTION, Colo. (BRAIN) — Two companies that make stainless steel spokes in the U.S. are having to adjust to a 25 percent tariff on imported steel. Both brands said so far they've been able to avoid price increases.
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