WASHINGTON (BRAIN) — The Trump administration has granted a tariff exclusion to importers of some bike computers from China thanks to a request from CatEye America. However it denied a California nonprofit organization’s request for an exclusion for China-made kids bikes.
The two actions were the latest decisions on the 94 requests for exclusions for bike-related products submitted by importers and trade groups. Singlespeed road bikes and carbon frames were previously granted exclusions, while the only prior denial was to Delta Cycle Corp.’s request for an exclusion for two-bike storage racks.
CatEye requested an exclusion for its Velo7, an entry-level wired cyclometer. The company told the U.S. Trade Representative that the Velo7 was its best-selling product and said the 25% tariff had “caused a significant reduction” in its sales because of retail price increases. “Consumers are finding significantly cheaper options from manufacturers selling directly into the U.S. and shipping via ePackets,” CatEye wrote, referring to a cheap shipping method used by China and Hong Kong vendors.
CatEye USA said its Japanese parent company has looked into moving production of the computer out of China to Japan but determined that moving production would cost more than the 25% tariff.
The …read more