Joycube Battery Co., Ltd.
More challenges for industry now US and China agree to slash tariffs...
GENEVA, Switzerland - In what economists are calling a "substantial de-escalation," the United States and China have agreed to a temporary cut of 115 percentage points to reciprocal tariffs on each other's goods. The volatility and unpredictability of the market as a result of the US President Donald Trump's imposition of tariffs is creating a new problem for the bicycle industry, which was nearing stabilisation after previous inventory problems.