Uber loses bid for U.S. tariff relief on Chinese-made e-bike

WASHINGTON (Reuters) - The U.S.

Uber loses bid for U.S. tariff relief on Chinese-made e-bike

WASHINGTON (Reuters) - The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter.

The "Jump" bikes that operate in more than a dozen U.S. cities were among $16 billion in Chinese products hit by the Trump administration with new tariffs in August. Uber did not immediately comment but noted that 96% of electric bikes sold in the United States are made in China and said the tariffs have "caused disproportionate harm to the innovation and competitiveness of U.S. digital transportation platforms."

(Reporting by David Shepardson; Editing by Chizu Nomiyama)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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