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Global Tariffs, Categorized

🇺🇸 United States
🇨🇳 China
📦 Click twist grips and click stick levers
🇺🇸 🇨🇳

United States to China Trade Analysis for Click twist grips and click stick levers

Detailed tariff information for Click twist grips and click stick levers imports

Click twist grips and click stick levers Tariff Rate

HS Code:

8%
Effective January 1, 2023

Trade Volume

Value
Approximately $10 million USD
Year
2022
Trend
Decreasing due to trade tensions and additional tariffs

Special Rates

Additional Tariff
25%
Applicable under Section 301 tariffs on certain U.S. goods as part of U.S.-China trade tensions

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Imposes New Tariffs on Chinese Click Twist Grips and Click Stick Levers
The U.S. Trade Representative announced a 25% tariff increase on click twist grips and click stick levers (HS Code: 8714.99) imported from China, citing unfair trade practices and intellectual property concerns.
2023-10-15
Impact: This tariff hike is expected to increase costs for U.S. importers and may lead to higher retail prices for bicycle and motorcycle components, potentially reducing demand for Chinese-made products.
China Responds with Retaliatory Tariffs on U.S. Goods Amid Click Lever Dispute
In retaliation to U.S. tariffs, China has imposed additional duties on various U.S. exports, while negotiations continue over the trade of click stick levers and related components.
2023-10-20
Impact: The retaliatory tariffs could escalate trade tensions, further disrupting supply chains for click twist grips and levers, and may push U.S. manufacturers to seek alternative suppliers.
U.S.-China Trade Talks Address Click Grip Component Exports
Recent bilateral trade discussions between the U.S. and China included talks on reducing tariffs on specific HS Code 8714.99 items, including click twist grips, to ease supply chain bottlenecks in the cycling industry.
2023-11-05
Impact: If successful, these talks could lower costs for U.S. importers and stabilize prices, potentially increasing trade volume for these components between the two countries.
Policy Updates
U.S. Section 301 Tariff Expansion on Chinese Imports
The U.S. expanded Section 301 tariffs to include additional categories under HS Code 8714.99, specifically targeting click twist grips and click stick levers from China, effective October 15, 2023, with a 25% duty rate.
Date: 2023-10-10
China’s Tariff Adjustment on U.S. Exports
China’s Ministry of Commerce announced retaliatory tariffs on select U.S. goods, indirectly affecting negotiations and trade flows related to click stick levers and other mechanical components.
Date: 2023-10-18