Is it a good idea to buy a new bike now?

Reciprocal tariffs:

  • Vietnam: 46%
  • China: 34% (incremental over the 20% already levied, I believe)
  • Taiwan: 32%
  • EU: 20%
  • Japan: 24%
  • Thailand: 36%

Absolute insanity.

De Minimus exemption on Chinese goods now also closed…so all those Chinese goods that cost less than $800 dollars you were buying form Aliexpress will now be subject to the tariffs.

Cambodia was high too, maybe 49%. The last few kids bikes I’ve gotten (specialized hotrock series) were all Cambodian made. So they’ll likely go up a good amount.

Yeah, that list above was just a small representation of the new tariffs…I mostly focused on countries / regions that are bike-related.

Ooooof maybe you just helped me make up my mind. Just have to find something good in stock :thinking:

@Power13 I see you mentioned EU…any word on stuff from the UK?

UK is 10%.

:man_shrugging:

Dammit wanted to order some stuff from Merlin :thinking::thinking::thinking:

I appreciate the help!!!

I have not seen any implementation dates for the tariffs yet….you may be able to sneak a quick order in.

Per Reuters: A White House official, speaking on condition of anonymity, said the higher penalties will take effect on April 9 and will apply to about 60 countries in all. The baseline 10% tariff will take effect on Saturday, the official said.

Or when the market takes a predictable dump and then he delays these tariffs again… ugh.

Do you know if this just the Chinese de minimus or does it apply to all countries? I need to order tires from Germany.

From what I read, it was just for China…..but given the current decision making process, who knows?

Just ordered $650 worth of stuff from UK…guess we’ll see what happens :grimacing:

Due to arrive Monday :grimacing::grimacing::grimacing::grimacing:

Truth be told, it’s only like $200 worth of tires, and even with +10% it’s still less than getting them locally, but I want to avoid paying into it at all if I can help it. That and I heard some real horror stories with UPS and their customs fees last go round.

Keep us posted. I’m probably going to pull the trigger from R2 and if I do I’ll update here.

Zero surprise there…I’ll leave my feelings on Margevicius at that.

I saw a 90% tariff on goods out of Vietnam. The Wahoo Kick Bikes I had were from Vietnam. I’d bet a lot of their stuff comes from Vietnam, so unless they have warehouses stocked to the gills with their stuff, the price of Wahoo goods went up ~90%. It’s a tax on people that buy anything from that country and many many more.

The time to get a new bike may be passing. Yikes…

Hopefully forward thinking vendors have overstocked to help cushion the price spikes.

Weird story: a person ordered a new Toyota car, and then when they were called that it arrived, refused it because of tariffs. It’s already here. There were no tariffs above what were there last year. People are freaking out about tariffs. (The dealer also told me that Toyota hasn’t briefed them on tariffs yet and how Toyota will handle them as some models will be heavily affected by them, and others won’t have much of an impact at all) The Dow is set to open down around 1,200. Someone on the box joked about being ‘tired of winning’. It’s not a joke.

But no tariffs on goods from Russia, that has the GDP of Texas!

No, the tariff on goods from Vietnam is 46%. The admin is claiming that Vietnam has a 90% tairff on our goods, a claim for which I can find no substantiation.

But this move pretty much kills my company. we have spent years and millions of dollars establishing a new factory on Vietnam to avoid the China tariffs.

I don’t see a way out for us at this point…

I saw the poster he was waving around that showed 90% on Vietnam. (My dad, an army lifer, was dismayed at the move of manufacturing there. He swore he’d never buy anything from there. And I’m surprised how much is already coming from Vietnam)

And the Dow opened down 1,100+ points, so our retirement accounts take a hit too! So tired of winning… Buckle up: the administration doesn’t see driving the economy into a wall as being a bad thing. And I wanted to get a cargo bike. :weary_face: (Down 1,200 now)

Sorry… I closed my business years ago, and was so glad I did it before Covid! Submitting employees to having to go to client offices being exposed to it. Hell, the tsunami that hit Thailand hit us really hard, and that was because no one could get hard drives. There will be a lot of pain. I feel for the businesses who thought they hedged the tariffs and then find out they still have large exposure. Running a business was an educational experience for sure… Good luck!! Maybe he’ll waffle on them again and drop them. (An island full of penguins got slapped silly by tariffs. On what? Penguin poop? It all makes no sense… Farmers will lose HUGE too over all this, and they can’t afford to lose much more than they already have.

Enough politics/economics…

Down 1,300!

Down 1,400.

EDIT: I misread the quick glance at the poster board, Vietnam has a 90% tariff on US imports! And no tariffs on Russia, not that it matters as imports from there are blocked (I think).

Will the new tariff rates affect everything you buy on Ali Express or are some product categories excluded?