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How exposed is the UK to Trump's tariff chaos?

  • The Trump administration announced new tariffs, raising rates on e-bikes and scooters from China to 150%, causing significant price increases and uncertainty in the micromobility industry.
  • The tariff chaos has created panic within the micromobility industry, with companies unable to absorb the sudden cost increases and uncertainty looming over future pricing.
  • Import-Dependent companies are struggling to cope with the rapid tariff changes while demand for e-bikes continues to rise, highlighting the need for stable trade policies.
  • Manufacturers like Electric Bicycle Company cannot meet demand due to tariffs making operations more expensive, while others, like Lectric Ebikes, have relocated to avoid higher tariffs.
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The truth is that, in these days, tens of millions of Americans have seen their actions – on which their spending depends in the absence of other forms of investment – lose value in an important way, without prospects that those falls can recover on a foreseeable horizon that no one breathes calmly.The global economic and political crisis that Donald Trump has unleashed has only covered his first chapter with the humiliating withdrawal of the US…

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  • 50% of the sources lean Left
50% Left
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BBC News broke the news in United Kingdom on Wednesday, April 9, 2025.
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