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Fantasy Cycling
Cycling groups predicted US bike industry may not recover from "devastating consequences" of Trump tariffs until end of the decade
"We're pretty sober about the next four to five years," admits industry group, as bike brands warn they've "never experienced a time like today", with impact of Trump's tariffs compounding post-Covid troubles
Despite moving assembly factory to US several years ago, tariffs on imported components mean Lauf to add eight per cent to prices from this week
The Swiss manufacturer says the latest round of job losses, reported to affect 40 employees worldwide, is necessary to “ensure sustainable competitiveness”
The Spanish manufacturer says its North American subsidiary will close in June, thanking staff for “their professionalism in light of the difficult situation”
Global exports rise 15.5% in first quarter of 2025, after Chinese bicycle production reached 99.54 million in 2024, but US exports down 17 per cent in Q1
“The current tariffs will have devastating impacts on our industry if not adjusted in the near term,” PeopleForBikes said in an open letter they plan to send to the US president
On episode 102 of the road.cc Podcast, Dominic Loh of Funn and Granite Design discusses the reaction to the US president’s trade war, staying positive (and nimble) among the doom and gloom, and why the world is big enough to cushion the tariffs
Brand "tried" making it in America but "it's not possible for less than $500", the Elettrico Micro and Elettrico Ultimate snapped up at $119 and $159 by fast-fingered buyers
Folding bicycle manufacturer has seen profits plummet by 99%, its CEO predicting things would "not get better" this year