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.
This round of proposed tariffs includes all types of bikes, plus frames, wheels, helmets, tires, chains, hubs and more. It also applies to hand tools, fasteners and other products that are not specific to the bike industry but will impact it.
Executives at Huffy, Specialized, QBP, ASE and Kent Bicycle have asked to speak before the interagency Section 301 Committee at hearings scheduled for later this month. In addition, representatives or employees of Bike Friday, Kuat Racks, Kenda Rubber, Achieva Rubber and the North American Bike Share Association have all left comments opposed to the tariffs, although they have not requested to appear.
The five executives who requested to speak all submitted the requests on behalf of their companies and as representatives of either PeopleForBikes or the Bicycle Product Suppliers Association. They are: Bill Smith, the CEO …read more