Folding bike maker Brompton performs Brexit U-turn

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This may not be news for some familiar with the industry - but wider implications for Chinese imports too...

But now, the Department for International Trade (DIT) has announced that from January it intends to drop the trade defence countermeasures that the EU has in place against China and other countries, which apply tariffs of up to 48.5 percent on bicycles that Brussels deems to be being sold at below cost – or dumped.

Folding bike maker Brompton performs Brexit U-turn

The folding bicycle maker Brompton now appears to be one of the companies potentially at serious risk from Brexit

yorkshirebylines.co.uk