`Angriest Man’ Creates Tariff Headache for Made-in-USA Bikes

July 24, 2024 | admin

(BLOOMBERG) September 23, 2018 — Arnold Kamler has experienced the trade dispute between President Donald Trump and China first hand, and is trying to respond as quickly as possible.

His company, Kent International Inc., assembles about 400,000 bikes annually at its factory in Manning, South Carolina. But this is no shield from the latest round of tariffs, since — in an effort to spare domestic manufacturers — the Trump administration has slapped tariffs on imported components and materials. And like many American companies, Kent imports parts from China to stay competitive.

Source: https://www.bloomberg.com/news/articles/2018-09-21/-angriest-man-creates-tariff-headache-for-made-in-usa-bicycles?utm_campaign=news&utm_medium=bd&utm_source=applenews

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