Any thoughts on the 145% Chinese tariff on purchases?

[coffeebreak]

Which ones? Elitewheels?

[jonathanf2]

From US stocks?

I'm always surfing bike parts on Amazon, so I feel like it's an early indicator of what's selling since third party vendors list their inventory stock on there. A month ago there were quite a few gravel wheelsets, but I'm seeing very little available.

Which ones? Elitewheels?

Elite Wheel gravel wheelsets are gone. Super Team gravel wheels which were plentiful are also sold out. I'm sure the higher priced gravel wheelsets will start to dwindle.

[Tijoe]

Looks like the Chinese Tariffs are dropping back down to 30%.  WOW!  What a deal!    Except... The bicycle industry in the USA has lost all of its tariff exemptions put in place back when the tariffs were only 20%,  plus the $800 De Minimis is gone, and it is still not clear what process or fees we will have to pay in order to get items ordered from China through US customs. 

I read that the Bicycle industry sent a letter to the Office of the President stating that POTUS had in effect destroyed the US bicycle industry.  To date, no feedback from POTUS, but my understanding is that the Bicycle industry has already filed for Tariff exemptions. 

What a waste of time, money and people's economic livelihood.   All this to suck out another 10% tax on the average American consumer?   

[coffeebreak]

Don't forget this is for 90 days.
Which means there is another round of this circus sometime in July unless the guy wakes up at midnight someday and fires off tweets saying 30% isn't good.