Uber Technologies joined over 1,300 companies in requesting an exemption from U.S. tariffs on Chinese exports. The request specifically relates to 25% duties applied in August to electric bikes. The firm faces a long wait as only 18.2% of requests have been assessed with the majority of those having been denied. While Uber has said tariffs have cut investment and raised prices there has been little impact on imports. In the three months to Oct. 31 there was a 220.4% jump in shipments of e-bikes by all importers from China versus the three months to Jul. 31, though seaborne shipments may ...
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