US EditionRiese & Müller Pauses US E-Bike Imports because of Steel Tariff
7 Articles
7 Articles
The SPD chairman and vice-chancellor Klingbeil spoke out for talks between the government and the German steel manufacturers about aid because of the high US tariffs. Klingbeil said his party wanted an early steel summit.
Riese & Müller pauses US e-bike imports because of steel tariff
MÜHLTAL, Germany (BRAIN) — Riese & Müller informed retailers Monday morning that it is unable to ship e-bikes to the U.S. because of the new U.S. import rules placing a 50% tariff on steel used in e-bikes. "We need to take a few days to carefully evaluate this situation and its implications before proceeding with further steps," Riese & Müller said in the email. The brand's frames are made from aluminum and recycled aluminum. The steel used in e…
Lambie stated that if Albanese continues to maintain his distance, Australia may be able to avoid the direct impact of higher tariffs for now. US tariff figures on specific products highlight the potential risks: steel, aluminum, and copper face tariffs as high as 50%, while sectors such as automotive and pharmaceuticals could face increases of up to 250%. Lambie also noted that Australian Defense Minister Mark Mars' recent visit to the US produ…
Andreas Stoch, SPD state and parliamentary group leader, supported Finance Minister Klingbeil's call for a steel summit. "Such discussions and a more active role for the state are also necessary for Baden-Württemberg," Stoch stated. He pointed out that the additional tariffs of 25% on iron, steel, and aluminum have led to export declines of over a fifth in Baden-Württemberg since March. This occurred before the tariffs were doubled to 50% in Jun…
Berlin/Bremen (dpa/lni) – The steel companies in Germany are suffering from weak domestic demand, high energy prices and US tariffs – demands for an industry meeting for possible aid are becoming louder. Following a drive by several federal states, SPD head Lars Klingbeil is also pressing for a summit to strengthen Germany's steel location. Bremen's head of government Andreas Bovenschulte renewed demands for an industry summit. "As a SPD, we wan…
The steel companies in Germany are suffering from weak domestic demand, high energy prices and US tariffs – demands for an industry meeting for possible aid are getting louder. Following a drive by several federal states, SPD head Lars Klingbeil is also pushing for a summit to strengthen the steel location in Germany.
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