[a certain President of the United States] ’s Tariffs on China Bike Imports Brings ‘Devastation to U.S. Industry’

WASHINGTON, USA – The by [a certain President of the United States] triggered trade war with China has led the United States to charge the import of regular bicycles as well as electric bikes and bike products from China with a 25 percent tariff. This comes on top of the regular 11 percent import duty (on ordinary bicycles) resulting in a total import tax rate of 36 percent. According to the country’s biggest bicycle importer – Huffy Corporation – it will have devastating impact on bike sales and it will devastate the American bicycle industry.

[a certain President of the United States] ’s Tariffs on China Bike Imports Brings ‘Devastation to U.S. Industry’ According to Huffy, U.S. biggest bicycle importer, Trump tariffs will have ‘devastating’ impact on bike sales.

The United States started to impose the 25 percent tariff on all bicycles imported from China on August 23. Earlier, at the public consultation rounds, Huffy’s President and CEO Bill Smith said in his comments to the U.S. Trade Representative “The tariff solves no problems. It only creates problems.” In particular as it brings serious disruptions to the current world trade in bikes and parts. That comes with the huge import volume in bicycles the Unites States annually imports from China.