The Trump administration announced on August 18 the addition of 407 product categories to the list of "derivative" steel and aluminum products covered by Section 232 of the US Trade Expansion Act, imposing a 50% tariff on electric-assisted bicycles (e-bikes). But Merida, a major Taiwan-based bicycle manufacturer, said the impact on its exports from this tariff expansion is relatively limited.

The Trump administration announced on August 18 the addition of 407 product categories to the list of “derivative” steel and aluminum products covered by Section 232 of the US Trade Expansion Act, imposing a 50% tariff on electric-assisted bicycles (e-bikes). But Merida, a major Taiwan-based bicycle manufacturer, said the impact on its exports from this tariff expansion is relatively limited.