Bike sales in the U.S. - welcome relief from tariffs
"With consumer demand waning, inflation rising and stimulus money drying up, Wednesday's announcement that many Chinese bikes will become exempt from a 25% tariff couldn't have come at a better time." So said Mike O'Gara, a senior vice president at Huffy Corp., speaking at PeopleForBikes' Bicycle Leadership Conference. Read the fully story here. This is good news for ebikes, especially those coming partly assembled from China.
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Here's to a happy, healthy spring and summer!