Canadian here.
I needed to get new handlebar tape for my bike. Our local shops have a lot of American brands, including stuff Made in the USA.
But a few places carry European brands, so I decided to take a look.
I settled on Grepp fabric handlebar wrap (Made in Sweden using materials sourced from Europe), and some gel pads from Fizik (Made in Italy).
Along with Wippermann chains (Made in Germany), and the fact that my bike is from Decathlon (French company), I’ve been more than happy to send money to my European friends.
5 years ago I believe Taiwan had a near monopoly on bike frames. Country of origin laws are quite strict in the EU, so that may have changed.
For bike frame manufacturing, Portugal is where it is at now.