Tariffs Put a Dent in the Bicycle Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Why higher tariffs mean higher bicycle prices: China accounted for 94% of the bikes imported to the U.S.

The U.S. last week increased tariffs on $200 billion of Chinese goods, from burglar alarms to spark plugs, ratcheting up the trade conflict with Beijing. The latest move added to pressure on the bicycle industry, which had already been hit by earlier rounds of tariffs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Buy a Cannondale!

cannondale made in Taiwan.

Maybe Maytag can help make them in the US.?

Oh well Walk..

Perhaps the ones sold in Walmart - top end carbon fiber bikes are manufactured in Taiwan.🤷🏻‍♂️

My custom carbon fiber triathlon bike will not be affected.

Plenty of used bikes around. I suspect most cyclists will be able to knuckle down for a spell. Except for the dicks.

Bikes or bike parts? My understanding is many if not most bikes are assembled here. Anyone know?

Well lookie there. I guess the tariffs have opened up a new business opportunity for some lucky go getter to corner the market here in the US.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Our family business, like others, pays Trump's tariffs — not ChinaWe are importers of Christmas decorations. The vast majority of the items we import are made in China, with some exceptions. China is the only country that can produce many of the items we buy. Not your customers? Ignoranus Literally EVERYONE but China pays for these idiotic tariffs. Unless we want to cancel Christmas this year? Can you imagine how much Pence would whine about that
Source: CNBC - 🏆 12. / 72 Read more »