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Saturday 11 August 2018

It’s official: Electric bicycle prices rising in the US as the Trump Administration approves 25% tariff on Chinese e-bike imports

Ever since the Trump administration began its trade war with China, electric bicycle importers have been nervous about what it would spell for the e-bike industry. In June those fears were realized when the United States Trade Representative published a list of 284 categories of products covering over $16 billion in trade which were all tentatively scheduled to receive 25% tariffs.

A public discussion period was opened to allow for feedback on the proposal, with the USTR publishing the final list yesterday. Only 5 individual products were removed from the list, with electric bicycles and electric motors for e-bikes both remaining. The tariffs are scheduled to begin August 

These tariffs represent a massive shock to their respective importers and to the e-bike industry in the US as a whole.

Before the tariffs were declared, electric bicycles imports from China were subjected to 0% tariffs and electric motors for e-bikes were subjected to just a 4% tariff.

Read more on electrek.co


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