"Initially, it looked like the bike industry wouldn't be impacted by these new increases. However, that all changed a handful of weeks ago, with the proposed inclusion coming from an unlikely source. There are 95 requests for inclusion of derivative products to be included in the Section 232 aluminum and steel tariffs. Two of those requests, filed by Guardian Bikes and the Aluminum Extruders Council, asked to include bicycles, frames, and e-bikes to the mix."
"Signed into U.S. law by then-President John F. Kennedy, the Trade Expansion Act's main purpose was to give the president greater authority in trade agreement negotiations. Initially, the thought seemed to be to reduce tariffs and increase international trade. But it also gave the president the authority to increase tariffs, especially in matters of national security. And this is precisely what Section 232 of the Act deals with."
"Since 1962, there have been roughly 30 Section 232 investigations. Of those investigations, about half determined that the imports did not threaten national security, while the other half did. And, as a result, the standing president took action, such as increasing tariffs, on nine occasions. This is spread out over more than 60 years, with some decades of history never seeing the article invoked."
The public comment period on a proposed 50% tariff increase on imported aluminum and steel ends October 21, 2025. There are 95 requests to include derivative products under Section 232, including a request from Guardian Bikes and the Aluminum Extruders Council to add bicycles, frames, and e-bikes. Section 232 of the Trade Expansion Act of 1962 authorizes presidential tariff actions for national security reasons. Since 1962, roughly 30 Section 232 investigations occurred, with nine resulting in tariff increases. A prior 2018 action raised tariffs on aluminum and steel by 25%, and the current proposal would raise them to 50%.
Read at Bikerumor
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