Threatened Mexico tariff would have little effect on US bike industry

By Steve Frothingham

WASHINGTON (BRAIN) — Early in this decade, the U.S. imported bike car racks, high-end road wheels, and the occasional road bike from Mexico. As recently as 2001, the U.S. imported hundreds of thousands of bikes annually from south of the border.

But more recently, Mexico has exported almost no bicycle products to the U.S., meaning President Donald Trump’s threatened tariff on Mexican imports would have little or no direct impact on the bike industry.

Last year the U.S. imported just $409,076 worth of bike products from Mexico, according to U.S. Customs reports. More than half the total was parts & accessories. The U.S. also likely imported some cycling clothing, which Customs does not track separately from other sports clothing.

“There are really no makers of serious bicycle parts that could be considered for the USA market, or other markets for that matter,” said Kim Ledlin Veilleux, the director of international commerce for Benotto, a Mexico City distributor.

Mexico once had a thriving bike manufacturing base, primarily for its domestic market, but Chinese imports devastated that industry in the 2000s. In 2014, the Mexican industry asked for an anti-dumping investigation into Chinese imports. In 2015 Mexican authorities imposed an anti-dumping duty on …read more

Via:: Bicycle Retailer and Industry News