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Guardian Bikes, American Pan Cite “Unfair” China Trade in Tariff Plea

by admin477351

American firms Guardian Bikes and American Pan are leading a new charge for tariffs, explicitly citing “unfair” competition from China. In pleas to the Commerce Department, they are part of a group asking for 700 new items to be added to the “steel derivatives” list, which would apply tariffs globally.
Guardian Bikes, in an 11-page letter, blamed China for “severe competition” and 11 million bike imports. American Pan and Chicago Metallic complained of China “flooding the market” with low-cost commercial baking pans.
While China is the stated target, the tariffs will hit exporters worldwide. This means high-performance Italian bike brands (Pinarello, Bianchi) and UK-based Brompton could all face new import duties. This has European industry leaders on high alert.
The move is also seen as subverting existing trade deals. The UK and EU have baseline tariffs of 10% and 25% respectively. This new “derivative” levy would be added on top of those rates, a move European exporters call a “mockery” of their pacts.
This is the second such consultation in three months. The first, in August, added 407 items with a near-100% success rate, encouraging this new, larger round of applications before the October 21 deadline.
A decision on the 700 items is expected in December or January. Given the precedent, approval is widely anticipated, signaling an “expansionist” US policy that is creating global trade instability.

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