The world’s largest bicycle maker is taking no chances.
In September, when President Donald Trump began threatening massive tariffs on Chinese exports to the United States, Giant Manufacturing Co. — located in China — decided to move production of all U.S.-bound bicycle orders to Taiwan to avoid looming financial hits.
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“When Trump announced the plan of 25% tariffs, we took it seriously,” Chairwoman Bonnie Tu said, according to Bloomberg. “We started moving before he shut his mouth.”
Then she dropped a zinger: “Last year, I noticed that the era of Made In China and supplying globally is over.”
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