Kent May Steer More Bike Production To America With Trade Case Ahead — Panjiva


Kent May Steer More Bike Production To America With Trade Case Ahead

China 1758 Cons. Discr. - Retailing 156 Taiwan 98 Tariffs 1169 U.S. 3297

The U.S ITC has received a section 201 petition to review imports of bicycles worth less than $400 by all exporters. The growth in U.S. bike imports does not appear to be extreme with a 9.3% increase in the past 12 months to reach $1.45 billion. The case is likely targeted at Chinese bikes which accounted for 63.9% of imports over the same period as Taiwanese bikes (31.1% of the total) were imported at average values of $737 per unit. The largest importers of bikes from China include Kent International (9,771 TEUs in the past 12 months) which has already started to increase its U.S.-base...

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