China dominates global bike manufacturing, with imports accounting for 97 percent of bikes purchased in the US. Congressman Blumenauer introduces a bill aiming to re-shore domestic bike manufacturing and protect electric bikes from high tariffs.
Blumenauer's bill includes proposals like a 10-year suspension of tariffs on bike components, transferrable e-bike production tax credit, and low-interest loans for bike manufacturers. He also seeks to close loopholes for cheap Chinese e-bikes with safety issues and offer Americans a $1,500 e-bike discount.
#bike-manufacturing #us-china-trade-relations #electric-bikes #tariffs #domestic-production-incentives
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