An announcement from the Official Journal of the European Union has today confirmed the renewal of anti-dumping tariffs on numerous territories.
Supply of bicycles stemming from China, the Philippines, Sri Lanka, Indonesia, Cambodia, Pakistan and Malaysia. Closer to home, Tunisia is also also subject to renewal of its tariffs.
The announcement means that a new period of tariff enforcement comes into play from tomorrow, lasting for the next five years before a further review.
Many in the bicycle business will have anticipated no change and so it is unlikely to affect the supply or pricing of those shipping in from the aforementioned territories. Certain companies do benefit from lower rates or exemption.
The EU has yet to detail plans for parts imported.
Electric bikes are discussed later on in the document, which reminds that in January of 2019 countervailing and anti-dumping measures on imports of electric bicycles originating in the PRC were made. The CCCME appealed, something that was later rejected.
The Bicycle Association’s Peter Eland, who gave a thorough assessment on CI.N this week of the UK’s path should a No Deal Brexit materialise, explained that in this instance the UK would find itself outside of these tariff rulings. That means that these charges will cease to apply, at least until new rules are set.
However, if a transition period is agreed they may continue to apply for the duration.
The complaint leading to tariffs originally stemmed from the European Bicycle Manufacturer’s Association, an organisation that campaigns to preserve the competitive edge of manufacturer’s inside the EU. The latest request was lodged on March 5th, 2018 and was said to represent 45% of Union producers of bicycles.
Counter arguments from those representing the far east have boiled on for many years, with evidence very often called into question by LEVA-EU, an organisation representing importers dealing with far-eastern bike makers.
To read the EU tariffs document in full, click here. (Much of the key detail is found in the final pages)