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Hey everybody, it's Aaron from Go Grava! In today's video, we dive into the potential impacts of new tariffs and legislation on the bicycle industry. The Biden administration's proposed tariffs on Chinese goods could significantly affect e-bike batteries, potentially increasing costs from 25% to 100%. This could make e-bikes much more expensive for U.S. consumers.

We also discuss the House-approved lithium-ion battery standards bill, which aims to ensure the safety of imported batteries. This could mean higher prices but safer products.

With rising costs, some companies might shift manufacturing from China to South America, where labor costs are lower and free trade agreements can reduce import taxes. I share insights on how this shift could benefit the industry and potentially lead to more bicycles being made in countries like Peru and Colombia.

Join me as I explore the geopolitical and economic factors that might drive these changes and what it means for the future of cycling. If you’re thinking about buying a new bike, now might be the time before prices go up!

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