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TEMPE, Ariz. (BRAIN) — While requests are being accepted until Sept. 30, so far just five bike companies have requested that their products be excluded from new tariffs imposed by the Trump adminstration. One of them, State Bicycle Co., received the exclusion.
The small brand — which sells primarily consumer direct but also through several hundred bike shops — will get refunded for the new tariffs it has paid since last year, and will not have to pay those tariffs on future imports until at least next summer. The exclusion for the singlespeed bikes applies to all importers, not just State.Read more