Hubs and sprockets included in Trump’s threatened EU tariffs

By Steve Frothingham

WASHINGTON (BRAIN) — Some hubs and sprockets would be among the $11.5 billion in goods subject to retaliatory tariffs of up to 100% proposed by the Trump administration.

Alloy hubs, three-speed hubs, and freewheel sprockets for bikes, as well as other non-defined hubs for bicycle and motorcycle use, are included in the tariffs proposed Section 301 action related to dispute over aid to private aviation companies.

The U.S. imported $3.74 million of products under those headings from the EU last year. Because the list includes an import code that applies to hubs for bicycle and motorcycles, it’s impossible to say exactly how many of the imports were for bicycles. The bicycle-specific products included on the list totaled $2.8 million in imports last year.

The list of proposed tariffs was published in the Federal Register on Friday. It includes a wide range of consumer and industrial products, including wine, olive oil, tools, ski suits, and some complete motorcycles.

Trump threatened the tariffs in a tweet last Tuesday, referring to a World Trade Organization ruling made last May, which found that Airbus had received illegal subsidies from European countries, and gave the U.S. the right to impose retaliatory tariffs.

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Via:: Bicycle Retailer and Industry News