Connecticut based company building e-bikes taking the brunt of President Trump’s tariffs
WFSB 3
[{'start': '0.000', 'end': '3.280', 'text': 'Connecticut based company building'}, {'start': '1.280', 'end': '4.960', 'text': 'ebikes is really taking the brunt of'}, {'start': '3.280', 'end': '7.200', 'text': "President Trump's tariffs. That's"}, {'start': '4.960', 'end': '9.200', 'text': 'because so many key components are made'}, {'start': '7.200', 'end': '10.639', 'text': 'in China. Matt McFarland is your'}, {'start': '9.200', 'end': '12.800', 'text': "reporter covering New Haven County. He's"}, {'start': '10.639', 'end': '15.440', 'text': 'got the story on what this one small'}, {'start': '12.800', 'end': '17.359', 'text': 'business is up against. The owner here'}, {'start': '15.440', 'end': '19.359', 'text': 'at Spark Cycle Works says while they'}, {'start': '17.359', 'end': '22.080', 'text': 'design and build these ebikes and e-'}, {'start': '19.359', 'end': '24.160', 'text': 'mopeds right here in North Brford, 50%'}, {'start': '22.080', 'end': '26.000', 'text': "of the parts come from China and there's"}, {'start': '24.160', 'end': '27.920', 'text': 'really no other option. Matt Shell'}, {'start': '26.000', 'end': '29.760', 'text': 'started Spark Cycle Works seven years'}, {'start': '27.920', 'end': '31.760', 'text': 'ago, a passion project that turned into'}, {'start': '29.760', 'end': '33.600', 'text': 'a business, estimating over the years,'}, {'start': '31.760', 'end': '35.680', 'text': 'the fiveperson crew here have built'}, {'start': '33.600', 'end': '38.079', 'text': 'somewhere between five and 600 of their'}, {'start': '35.680', 'end': '39.920', 'text': "ebikes and mopeds. But he's worried the"}, {'start': '38.079', 'end': '42.079', 'text': "Trump administration's tariffs could"}, {'start': '39.920', 'end': '43.840', 'text': "kill his business. That's because the"}, {'start': '42.079', 'end': '46.079', 'text': 'computer, the motor, and the batteries'}, {'start': '43.840', 'end': '48.559', 'text': 'for their custom-designed e- mopeds,'}, {'start': '46.079', 'end': '50.800', 'text': 'which can reach speeds of up to 35 mph'}, {'start': '48.559', 'end': '52.960', 'text': 'and are street legal, all come from'}, {'start': '50.800', 'end': '55.600', 'text': 'China. He says built from the ground up,'}, {'start': '52.960', 'end': '57.760', 'text': 'they sell for about $4,500. And while'}, {'start': '55.600', 'end': '59.640', 'text': "they're trying to hold prices down, he"}, {'start': '57.760', 'end': '62.320', 'text': 'says the bikes would likely go up to'}, {'start': '59.640', 'end': '64.239', 'text': '$7,000 with the tariffs. He says they'}, {'start': '62.320', 'end': '66.479', 'text': "haven't sold a bike in 5 weeks. And the"}, {'start': '64.239', 'end': '68.320', 'text': 'biggest concern right now is a shipping'}, {'start': '66.479', 'end': '70.799', 'text': 'container out of the water that got hit'}, {'start': '68.320', 'end': '74.159', 'text': 'with 45% tariffs. And another with'}, {'start': '70.799', 'end': '76.960', 'text': 'batteries that will have the full 145%'}, {'start': '74.159', 'end': '80.400', 'text': 'tariff. There are no domestic options'}, {'start': '76.960', 'end': '83.200', 'text': 'for our motors, our computers, um, and'}, {'start': '80.400', 'end': '85.119', 'text': 'our batteries. We can make the batteries'}, {'start': '83.200', 'end': '87.520', 'text': 'by hand in the United States, but all of'}, {'start': '85.119', 'end': '88.880', 'text': 'those cells are going to be imported.'}, {'start': '87.520', 'end': '90.080', 'text': "So, it doesn't matter if we make the"}, {'start': '88.880', 'end': '91.759', 'text': 'batteries here, they are still going to'}, {'start': '90.080', 'end': '93.759', 'text': 'get that tariff. And Matt says with so'}, {'start': '91.759', 'end': '95.200', 'text': 'much uncertainty, he says the team here'}, {'start': '93.759', 'end': '96.960', 'text': 'already having some difficult'}, {'start': '95.200', 'end': '98.400', 'text': 'discussions about what could happen'}, {'start': '96.960', 'end': '100.479', 'text': "next. We'll have that part of the story"}, {'start': '98.400', 'end': '102.240', 'text': 'coming up at 6. Your reporter in North'}, {'start': '100.479', 'end': '105.680', 'text': 'Brford, Matt McFarland, Channel 3'}, {'start': '102.240', 'end': '105.680', 'text': 'Eyewitness News.'}]