Speculation surrounding the impact of tariffs runs high, as Tern's North American general manager, Steve Boyd, reveals the staggering cost. The tariff burden has jumped from an expected $20-30K to an overwhelming $1 million. “I don’t want anything with a 46% duty,” Boyd said and he told the Vietnamese factory to not ship anything. For Tern, the 46% duty is a non starter. If you're shopping for a new bike, unless it's handbuit in the USA, probably best to buy sooner rather than later.
by DLByron