Trade war could put brakes on US bikers
The bicycle industry has a new tariff problem. A newly implemented round of tariffs will put a 10 percent tax on nearly all bike-related imports from China starting next week, a tax that rises to 25 percent at the end of the year. (Both are collected on top of a pre-existing 11 percent tariff on completed bicycles.) Thousands of business owners and bike riders mobilized against the tariffs, sending letters to Congress and comments to the US Trade Representative — but despite the lobbying,
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