U.S. bicycle dealers are pedaling uphill as tariffs force tough choices for businesses and consumers. While giants like Home Depot vow to keep prices steady, a new Allianz survey reveals over 50% of U.S. companies plan hikes to offset costs. 🚨
Bike shops, already navigating supply chain bumps, now face pricier imports. Imagine saving up for that dream mountain bike only to find it’s 15% more expensive next month. 💸 "It’s a chain reaction," says one dealer anonymously. "Tariffs hit parts first, then bikes, then your wallet."
With summer cycling season in full gear, the pressure’s on. Will riders switch to secondhand markets? Or will brands absorb costs to stay competitive? 🛠️ One thing’s clear: The trade policy debate just got a lot more personal for bike lovers.
Reference(s):
cgtn.com