MIC RIDE REPORT

GOVERNMENT RELATIONS GOOD NEWS Helmets Escape Tariffs Through Year’s End

Following the request of the MIC and many of our members, the United States Trade Representative is extending the tariff exclusion for a number of Chinese-made helmets through December 31.

“This extension of the helmet tariff exclusion is a great development for our riders and the powersports industry,” said Marc McAllister, president and CEO of Tucker Powersports. “Tucker is committed to making safety equipment accessible for all riders through all the channels we serve.” “We should all be pleased about the USTR’s decision not to place tariffs on many specific helmets, but we must continue to advocate for excluding additional motorcycle helmets from any tariffs,” said Scott Schloegel, senior vice president of the MIC Government Relations Office. “The MIC GRO has garnered Congressional support for these exclusions. We’ll say again that DOT-compliant helmets must remain affordable for all powersports riders and placing tariffs on helmets discourages safe riding practices.”

MIC members should log on at MIC.org and click here to see the entire federal regulatory action notice under “FRAN 20- 040 USTR China List 4A Exclusion Extensions (August 31, 2020).”

IN CASE YOU MISSED IT Q2 MIC Sales Forecast Now Available

MIC members can access second-quarter Business Advisory & Forecast reports which detail total motorcycle and on-highway motorcycle sales, and make predictions based on macroeconomic trends correlated to motorcycle sales. The reports examine trends that affect our industry as well as the larger, general economic direction. Members who want a deeper look can subscribe to the Comprehensive Report which includes an interactive forecasting dashboard using Tableau Software offering “what-if” forecasting capability, allowing users to apply their own insights and expectations, creating unique charts that change the predictions.

MIC members should log in at the association website, visit the Member Reports page, and click on the Forecasts button.

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