EU Shows Their Version Of Fair Trade, Implements Tariffs As High As 83% On Chinese Electric Bikes

After a lengthy review period, the European Union has decided to implement new tariffs on electric bicycles imported from China in an effort to clamp down on e-bike dumping in Europe.

The amount of duty being levied is determined for each company specifically, and ranges from 21.8% to as high as 83.6%, though most will receive a duty of 37%.

Electric bicycle manufacturers in Europe have long complained about unfair business practices occurring in China, where companies take advantage of the incredibly low-cost of labor, subsidized materials and razor-thin profit margins in order to export e-bikes to Europe at rock-bottom prices.

runninglogan1 - 7/20/2018 4:46:56 PM

-1 Boost

Love how you complain about tariffs - when the EU applies them.

TomM - 7/20/2018 7:07:37 PM

+3 Boost

The fact is - China does have lower labor costs - subsidized material - and does allows lower profit margins.

The question is - how do you level the playing field to prevent the foreign maker from literally putting ALL the local makers out of business. China almost did that with the Fabric industry in the USA as an example. There really is only one way to protect the local jobs - tariffs.

MDarringer - 7/20/2018 7:31:27 PM

0 Boost

You meant "higher profit margins". If labor costs are lower and the product sell at the prevailing amount then the profit margin would be higher not lower.

This is pure socialist BS: "There really is only one way to protect the local jobs - tariffs."

You could break the knee caps of the unions and force them to compete on a world scale.

carloslassiter - 7/20/2018 10:04:21 PM

+2 Boost

For about 3 days running now I've agreed with everything Darringer has posted. Just sayin'.

MDarringer - 7/20/2018 10:58:47 PM

0 Boost

@carloslassiter I've been hacked by the Russians.

xjug1987a - 7/21/2018 8:53:59 PM

+2 Boost

Funny how common sense makes sense huh?