Tariffs

Posted August 28, 2018
The company said its tire production capacity will be increased by 40 percent before the spring selling season.

BANGKOK, Thailand (BRAIN) — Vee Rubber Corporation, the parent of Vee Tire Company, is adding staff and expanding capacity at its Thailand factories as U.S. brands look for alternatives to Chinese production.

Posted August 27, 2018

BOULDER, Colo. (BRAIN) — PeopleForBikes has scheduled a second webinar to update the industry on the Trump administration's proposed and enacted tariffs on bicycle products, including the e-bike tariff that took effect last week. 

The webinar is Thursday at 9 a.m. PT. 

Posted August 24, 2018
Fishman (center) is president and co-founder of Pure Cycles.

Michael Fishman provides a glimpse into how a small-business owner is dealing with the recent increase in tariffs on Chinese-made goods being imported into the U.S., including the e-bike tariff that took effect Thursday.

Posted August 23, 2018
As e-bike tariffs take effect and low-level negotiations resume, more bike industry executives speak in Washington.

WASHINGTON (BRAIN) — More bike industry members plan to tell a multi-agency committee that proposed tariffs will harm the industry and consumers and not achieve the adminstration's stated goals.

Posted August 21, 2018
Arnold Kamler plans to speak on behalf of his company and the new 'Reshoring Bicycle Production Team.'

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. 

Posted August 20, 2018

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.

Posted August 20, 2018
Trump administration's protectionist actions come "20 years too late," Bill Smith plans to tell the USTR. He also plans to speak out in defense of IBDs.

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.

Posted August 16, 2018

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.

Posted August 9, 2018

WASHINGTON (BRAIN) — A new report shows that retailers — across all categories — are stocking up on Chinese consumer goods before the possibility of increased tariffs.

Posted August 9, 2018
Representatives from Huffy, Specialized, QBP, ASE and Kent ask to speak at hearings on proposed 25 percent tariffs on a wide range of Chinese bike goods.

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.

Posted August 9, 2018
Companywide sales were down 7 percent in recent quarter; executives discuss sell-off plans and potential impact of trade war.

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.

Posted August 7, 2018

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.

Posted July 26, 2018

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.

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