New Tariffs 2025 !

[jabberwocky]

https://www.pinkbike.com/news/several-major-bicycle-brands-are-suing-the-trump-administration-over-now-illegal-tarrifs.html?utm_term=trf&utm_campaign=trf-nl&utm_medium=email&_hsmi=405894534&utm_source=newsletter

I mean, the government illegally stole millions of dollars from them. Any company with the resources is going to try and get it back.

The sad thing is smaller american companies probably don't have the resources to do much about what was stolen from them. The costs of navigating the legal process would be high, maybe higher than anything they would eventually recover. But large companies with legal departments already? Definitely putting them to work.

 

[RunForTheHills]

I mean, the government illegally stole millions of dollars from them. Any company with the resources is going to try and get it back.

The sad thing is smaller american companies probably don't have the resources to do much about what was stolen from them. The costs of navigating the legal process would be high, maybe higher than anything they would eventually recover. But large companies with legal departments already? Definitely putting them to work.

Do you really believe that money hungry attorneys won't create class action lawsuits and bundle all the small companies into them? Of course, only the attorneys make out in that situation. I don't think it will get that far though. The government will create a program for dispersing refunds. That said, if a company gets a refund, will they pass that down to their customers that they charged import fees to?

 

[PedalUma]

Do you really believe that money hungry attorneys won't create class action lawsuits and bundle all the small companies into them? Of course, only the attorneys make out in that situation. I don't think it will get that far though. The government will create a program for dispersing refunds. That said, if a company gets a refund, will they pass that down to their customers that they charged import fees to?

It will never trickle down to the trickeled upon.

 

[jabberwocky]

I don't think it will get that far though. The government will create a program for dispersing refunds.

I see no indication that the current admin has any interest in that. If the stolen funds will ever be dispersed back it will be a fight. Which will hit smaller companies more than larger (hiring lawyers and investing resources will cost money now, against a potential return likely much later).

That said, if a company gets a refund, will they pass that down to their customers that they charged import fees to?

Even if they could identify who paid more and exactly how much more it seems unlikely because they need to hedge against future uncertainty. The admin doesn't want to give up their toy (its been a vehicle for unprecedented corruption and power) so its definitely not something they will lightly surrender. If it were my business, I'd be wary to spend any refund until it seems certain that the government won't try and steal it again.

Best we (as cyclists) can hope for is that once all the tariff nonsense and uncertainty goes away, prices come back down. The cynical response is the old adage "costs go up, prices go up, costs come down, profits go up". But the cycling industry is hurting and its likely a lot of companies would love to be able to reduce prices.

 

[RunForTheHills]

I see no indication that the current admin has any interest in that. If the stolen funds will ever be dispersed back it will be a fight. Which will hit smaller companies more than larger (hiring lawyers and investing resources will cost money now, against a potential return likely much later).



Even if they could identify who paid more and exactly how much more it seems unlikely because they need to hedge against future uncertainty. The admin doesn't want to give up their toy (its been a vehicle for unprecedented corruption and power) so its definitely not something they will lightly surrender. If it were my business, I'd be wary to spend any refund until it seems certain that the government won't try and steal it again.

Best we (as cyclists) can hope for is that once all the tariff nonsense and uncertainty goes away, prices come back down. The cynical response is the old adage "costs go up, prices go up, costs come down, profits go up". But the cycling industry is hurting and its likely a lot of companies would love to be able to reduce prices.

I wasn't talking about increased prices due to higher costs in the supply chain. It's a given that wont' be refunded. And companies absorbed a lot of those higher costs, so they need to make that up.

I bought a torque sensor on Alibaba a few weeks ago, which is still enroute to me. They charged me a $50 import fee for duties on top of the cost of the torque sensor and shipping. It is a mix of the shipper paying the duties and the receiver paying the duties for products bought out of the country. I don't really believe the money will make it's way back to the end customer in most cases. Of course, I have tried to buy from US based distributors to avoid that, but that one part was only available on Alibaba so I had to buy it there or do without. And it is not worth the trouble of pursuing it for that one transaction that I did.

 

[jabberwocky]

I wasn't talking about increased prices due to higher costs in the supply chain. It's a given that wont' be refunded. And companies absorbed a lot of those higher costs, so they need to make that up.

I bought a torque sensor on Alibaba a few weeks ago, which is still enroute to me. They charged me a $50 import fee for duties on top of the cost of the torque sensor and shipping. It is a mix of the shipper paying the duties and the receiver paying the duties for products bought out of the country. I don't really believe the money will make it's way back to the end customer in most cases. Of course, I have tried to buy from US based distributors to avoid that, but that one part was only available on Alibaba so I had to buy it there or do without. And it is not worth the trouble of pursuing it for that one transaction that I did.

Gotcha. Yeah, in theory whoever actually paid the tariff would need to try and get it back. Whether thats the ali seller or whoever they used to import. I'd say the odds of them actually collecting a refund from the US are small, and the odds of them refunding you are statistically zero.

 

[PedalUma]

The thing is that with any complex durable good there are some key parts that just are not made domestically. It hijacks the whole thing. Is there one derailleur made domestically. And who in the US wants to work at the derailleur factory.

 

[Chargeride]

People who like working shifts.
baboom.

 

[BlackHand]

FedEx says it will return to customers any refunds it gets back from Trump's illegal tariffs

Delivery company FedEx said in a statement on Thursday that it will return any tariff refund it might get to shippers and customers who paid them.

apnews.com