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.

WASHINGTON DC, United States - Newly announced reciprocal tariffs by the Trump administration in the US has brought a renewed level of uncertainty to the bicycle industry supply chain. The proposed tariffs mean all bicycles entering the country will face some level of tariffs unless the frame itself has been manufactured in the US. The expected result is rising costs for importers on which the market relies and a stagnating retail market as US consumers face higher prices for a new bike.

TUSCON, Arizona - In the week ahead of the annual industry meetup in Taiwan, the US and international leaders gathered for the Bicycle Leadership Conference. Hosted by PeopleForBikes, its president and CEO Jenn Dice welcomed the participants with the opening keynote announcing the first ever results of their 2024 market survey.

WASHINGTON, US - As the world awaits a year of tariffs and tussles, there was good news for the bicycle market in the US in 2024. The number of non- electric bicycles imported into the country rose again following sharp declines since 2021, the latest US customs data shows. However, with China as the leading supplier, the market remains uncertain.

DANA POINT, US - The Bicycle Leadership Conference stands as the foremost bicycle industry event gathering in the US for leaders to learn, network, and grow cycling and the bike business. The 2023 edition, held in March, was a positive event attended by some 270 industry leaders. Funding to support the growth of the industry and the impact of e-bikes were the main discussion points.

CALIFORNIA, USA - Premium cargo bike specialist, Yuba Bicycles (Yuba), has appointed Pat Cunnane as President of North American Operations and Chief Operating Officer (COO) of its Global Business. In this newly created dual position, he will use his industry knowledge to lead the US operations.