Tariffs
LAGUNA HILLS, CA (BRAIN)—The European Commission is recommending that anti-dumping duties on Chinese bicycle imports into Europe continue for three years.
WASHINGTON, D.C. (BRAIN)—The House of Representatives passed a miscellaneous tariffs bill on Wednesday that would extend temporary duty suspensions on bicycle tubing, speedometers, road and hydraulic disc brakes and certain rims and cranks.
PETALUMA, CA (BRAIN)—CamelBak Products LLC has lost a case that sought to reclassify hydration packs imported from the Philippines in 2003 as "insulated food or beverage bags" that would have lowered duties more than 10 percent for the company.
FRIEDRICHSHAFEN, Germany (BRAIN)—Even though talks over a comprehensive global trade agreement have faltered, Taiwan is encouraging countries to eliminate tariffs on bicycle imports.
OTTAWA, Quebec (BRAIN)—The Canadian government has extended its anti-dumping duties on low- and entry-level bicycles from China and Taiwan for another five years, but will drop the extra duties on frames priced at less than $50, FOB China and Taiwan.