US EditionTaiwan bicycle makers in limbo as US tariff threat looms
- Taiwanese bicycle makers face uncertainty in 2024 as US tariffs impose a 32 percent levy, disrupting exports from Taichung to the US and Europe.
- The tariffs followed a long decline in Taiwan’s export volume from about 10 million bikes in the 1990s to 1.3 million in 2024, worsened by pandemic inventory gluts.
- Taiwan’s industry sustains a competitive edge through highly specialized, small to medium firms making high-end bikes, while China exports over 44 million lower-priced units.
- Joy Group's general manager Chen said, “There's no time to respond,” noting US customers have passed on tariffs to consumers amid fears a 32 percent tariff could halt orders.
- While some Taiwanese makers may benefit short-term from tariffs on Chinese bikes, experts warn tariffs risk supply disruptions, price inflation, and consumer shifts to cheaper models.
53 Articles
53 Articles
ABC FOX Montana
Taiwan bicycle makers in limbo as US tariff threat looms
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