Tariffs
WASHINGTON (BRAIN) — Several major bikes brands, including Trek, Specialized and Shimano, are among the thousands of U.S. companies, including major corporations like Costco, Goodyear Tire & Rubber Company, and Toyota, that are suing the U.S. government to get in line to recover tariffs paid under the International Emergency Economic Powers Act, which the Supreme Court ruled illegal on Friday.
Tariff reimbursement is not a logistical nightmare — it's a matter of administrative will.
BOULDER, Colo. (BRAIN) — Soon after Friday's decision by the Supreme Court ruling the Trump administration's use of the IEEPA law to impose tariffs was illegal, industry group PeopleForBikes urged industry member to work to avert another tariff threat: an aluminum and steel tariff proposed for all bikes and e-bikes last year.
BOULDER, Colo. (BRAIN) — Industry members praised the Supreme Court’s decision Friday that ruled illegal President Donald Trump’s use of the International Emergency Economic Powers Act to impose tariffs. But they aren't holding their breath for the benefits to trickle down to the marketplace.
WASHINGTON (BRAIN) — U.S bike imports were down 24% in units and 16% in dollar value through September this year, according to new data released this week.
Congress should pass the U.S. Bicycle Production and Assembly Act to halt a cycle of uncertainty and weakness and forge a strategy to bring bicycle assembly and manufacturing back to the United States.
HICKORY, N.C. (BRAIN) — After 33 years of manufacturing its socks and other products in-house, DeFeet is shifting to the use of nearby partners for knitting. The company is continuing to buy yarn from domestic sources and handle R&D, marketing, sales and other functions at its "clubhouse" headquarters in Hickory, said founder Shane Cooper.
UTICA, N.Y. — In a time of tariffs, July’s announcement that eBliss Global will open an e-bike factory in this upstate city garnered considerable mainstream media attention.
(BRAIN) — There are as many ways to calculate Section 232 tariffs on imported steel and aluminum as there are companies importing products containing those common materials. It could be come more important than ever.
BOULDER, Colo. (BRAIN) — Trade group PeopleForBikes is calling on its members to respond — quickly — to public requests from the domestic manufacturer Guardian Bikes and an aluminum trade group for steeper tariffs on imported bikes and e-bikes.
(BRAIN) — Blaupunkt, the car audio brand that began selling folding e-bikes in 2018, plans to move its e-bike assembly for the U.S. market from Paraguay to Western North Carolina.
ATHENS, Greece (BRAIN) — At least 500 containers filled with e-bikes were among those seized by the European Public Prosecutor's Office for allegedly importing Chinese goods into the EU market and evading customs duties and value-added taxes. Six people were charged.
WASHINGTON (BRAIN) — After a decline in Chinese bike imports in June, the industry made a sudden 128% increase in July, likely in a bid to get ahead of a triple-digit tariff that was expected to take effect in early August, but which the Trump administration delayed at the last minute.
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