Section 301 Tariffs
topic on 1 show · 1 statements across 1 episodes
1 statements about Section 301 Tariffs, every show
2018 Section 301 tariffs eliminated Rad Power Bikes' entire profit margin
“In mid 2018, right, we were growing up really fast. And we had a lot of bikes on order compared to our balance sheet. And all of a sudden tariffs hit us really hard. E-bikes were part of the section three Oh one tariffs. So like I said, we had all these bikes …”