Bikes and Brexit spar over cheap Chinese imports and EU levies
British bike makers are battling to get clarity on post-Brexit tariffs from the EU, or being engulfed by cheap Chinese imports
30 October 2020 - 15:29
London — British bike manufacturers are warning that they face competition from a wave of cheap Chinese imports after Brexit as the UK abandons EU anti-dumping rules.
Brompton Bicycle and Frog Bikes are among firms saying they risk being undercut when the Brexit transition period ends on December 31 and tariffs of up to 48.5% levied by the EU on bikes imported from China stops applying. The EU introduced the levy because large state subsidies were giving the country’s producers an unfair advantage...
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