Even if someone manufactures something in the U.S. the odds are they will still be importing some parts from China. Especially in the bike industry where most components are not manufactured in the U.S.
But even if we assume for the sake of argument that the every piece of the bike is manufactured in the U.S., manufacturers will still be affected by the Chinese tariffs.
Their packaging material? Their machinery that they use? The tools that they use? The cost of the plumber they call to fix the bathroom on the shop floor might be higher because the tools the plumber uses have now become more expensive.
And that’s just China. The U.S. has placed tariffs of at least 10% on everything including lumber, aluminum, steel which will raise the cost of everything at every step of the economic activity that leads to the manufacturing and purchasing of a product.
But even if we assume for the sake of argument that the every piece of the bike is manufactured in the U.S., manufacturers will still be affected by the Chinese tariffs.
Their packaging material? Their machinery that they use? The tools that they use? The cost of the plumber they call to fix the bathroom on the shop floor might be higher because the tools the plumber uses have now become more expensive.
And that’s just China. The U.S. has placed tariffs of at least 10% on everything including lumber, aluminum, steel which will raise the cost of everything at every step of the economic activity that leads to the manufacturing and purchasing of a product.