Bike Industry Imports Slumped in 2022; Still Hold 97% of U.S. Market

Bicycle imports slumped by 33% last year as American consumers cut back spending in the wake of the pandemic bike boom. Yet imports continue to dominate the U.S. market, with China as the largest source of imported bikes. Import market share rose slightly last year, reaching 97.8%, up from 97.5% in 2021. The U.S. bicycle…

Skyrocketing Pharmaceutical Imports to the U.S. Endanger National Security

Key Points U.S. pharmaceutical imports have skyrocketed in the last ten years, with imports from China, India and Mexico leading the surge. India and China are increasingly the leading U.S. source for generic pharmaceuticals, which account for 90% of all prescriptions written in the U.S. In 2021, China was the leading source for U.S. pharmaceutical…